national minimum wage

The Minimum Wage Debate


States looking to improve their economic outlook might want to start by shelling out a few more bucks.

According to a report by the Department of Labor the 13 states that raised minimum wage added jobs at a faster pace than those who kept the purse strings tight. According to the report the number of jobs grew an average of 85% in the past six months. The average for the other 37 states was 61%.

As of 2009 the federal government has mandated a national minimum wage of at least $7.25 per hour. Then at this year's State of the Union address President Obama called on congress to raise that number to just over $10. Shortly after that he signed an executive order making sure people working on federal service contracts were paid that rate.  read more »