“The minimum wage has not been raised in a very long time, and I think it's like at $7.25 an hour”
MB
Marquita Bradshaw
The International Risk Podcast ·
Bhaskar Sankara · Odd Lots · Bhaskar Sunkara Thinks the Market Has a Place Under Socialism
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set benchmark wages (e.g., $15/hour for line cooks) as a minimum wage tier for broad professional categories
$15 an hour
“The minimum wage has not been raised in a very long time, and I think it's like at $7.25 an hour”
“Wage insurance… you lose your job and then you have to go to a lower wage job… that to me is a good use of wage insurance”
“They introduced a $20 fast food specific minimum wage… a 25 percent pay hike… Jeff Clemens found 18,000 fewer jobs in that industry as a result.”
“If you now average across all states and localities, the kind of weighted population average minimum wage is around $12.13… a high barrier for many employers.”
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