Muse Spark 1.2Oct 173 citations
Does the minimum wage need to keep up with the cost of living?
Should minimum wage track the cost of living? I'll gather the latest data on both sides of the debate.
Does the minimum wage need to keep up with the cost of living? The answer depends on whether the goal of the minimum wage is seen as a poverty floor or simply a labor market price floor. Economists and policy makers are divided, but there is a strong movement to index it:
1. What the two wages