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Minimum wage
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this post was submitted on 20 Oct 2024
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I agree anyone working a full time job should be able to afford a one bedroom apartment but minimum wage in 1940 was $624a year and an average apartment seemed to be $324 a year so to meet that same level of pay we would “only” need a minimum wage of 17.25. That’s still way more than the current minimum wage of 7.25 but not as high as $25/hr
Minimum wage in major cities is usually in the mid-twenties these days. The idea of a federal minimum wage is kind of silly, considering how different the cost of living is across the country. Living wages should be calculated and enforced at the city or county level.