Thursday, July 24, 2008

Federal Minimum Wage Increase

The federal minimum wage changed to $6.55 today, up from $5.85 an hour. It's like the government is saying "Ok, you can be less poor now."

This raise is the second in a series of three planned. The third will come in July of 2009, when the minimum wage will be raised to $7.25 an hour.

No comments: