Monday, November 21, 2016 04:50 PM

COUNCILMAN PROPOSES RAISING MINIMUM WAGE ACROSS THE SCENIC CITY

POLL: Should Chattanooga have a higher minimum wage? Yes No Submit Results Yes: 55.19% (133) No: 44.81% (108) Total Responses: 241 Fast facts * The current federal minimum wage is $7.25 an hour. * Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.54 (in 2014 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 8.1 percent of its purchasing power to inflation. * Nearly half (48.2 percent) of the 3 million hourly workers who were at or below the federal minimum in 2014 were ages 16 to 24. * Twenty-nine states, plus the District of Columbia and nearly two dozen cities and counties, have set their own higher minimums. * The restaurant/food service industry is the single biggest employer of near-minimum-wage workers. Source: Pew Research Center On the heels of Labor Day weekend, Chattanooga is the latest city to join a national movement aiming to raise minimum wages within municipal boundaries. But the first hurdle for the Scenic City may be clearing a wall set by the state. Los Angeles recently pledged to raise its minimum wage from $9 to $15 by 2020. And it followed ...

News source: Times Free Press

See also: Davis & Hoss