Minimum Wage/Living Wage

descriptionPublicationkeyboard_double_arrow_right Part of book or chapter of book , Other literature type 01 Jan 2020 English Publisher:Springer International Publishing

Authors: Nancy Ruth Fox;

doi: 10.1007/978-3-030-40556-4_3

Minimum Wage/Living Wage

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Abstract

This chapter begins with a historical review of the federal minimum wage and data about minimum wage. The current federal minimum wage is $7.25 an hour and hasn’t been increased in 10 years. Twenty-nine states have a minimum wage higher than the federal one. An economic analysis of the minimum wage follows with a review of the empirical research.

Related Organizations

University of Saint Joseph
United States

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