Yuritopiaposadism [none/use name] to news • 3 months ago"We see people are going to want to leave to go make $20 an hour."imagemessage-square67 fedilinkarrow-up1193file-text
arrow-up1193image"We see people are going to want to leave to go make $20 an hour."Yuritopiaposadism [none/use name] to news • 3 months agomessage-square67 Commentsfedilinkfile-text
https://www.businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4
minus-squareTowardsTheFuture@lemmy.ziphexbear28·3 months agoIt’s been 7.25 since 2009. From a quick google it says rent increases (what actually matters to minimum wage employees, not CPI) have outpaced inflation at about 9% increase per year. So, going with that, 7.25(1.09)^15 is about $26.41. linkfedilink
It’s been 7.25 since 2009. From a quick google it says rent increases (what actually matters to minimum wage employees, not CPI) have outpaced inflation at about 9% increase per year. So, going with that, 7.25(1.09)^15 is about $26.41.
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