Common Dreams NewsCenter

We Can't Do It Without You!

Home | About Us | Donate | Signup | Archives | Search

Home > Progressive Community > NewsWire > For Immediate Release
Printer Friendly Version E-Mail This Article
Economic Policy Institute

JULY 26, 2006
1:32 PM

CONTACT: Economic Policy Institute

States Help Raise Minimum Wage's Value

WASHINGTON - July 26 - Since the last federal increase in September 1997, the purchasing power of the minimum wage has deteriorated by 20 percent. And after adjusting for inflation, the value of the minimum wage is at its lowest level since 1955. Now 22 states and the District of Columbia have raised their minimum wages, and their initiative has proven to be an invaluable boost to many workers.

In this week's Snapshot, EPI policy analyst Mary Gable looks at how the value of the federal minimum wage has declined since 1979, while examining the growing share of the workforce that is now covered by higher state minimum wages.


Printer Friendly Version E-Mail This Article
Common Dreams NewsCenter is a non-profit news service
providing breaking news and views for the Progressive Community.

The press release posted here has been provided to Common Dreams NewsWire by one of the many progressive organizations who make up America's Progressive Community. If you wish to comment on this press release or would like more information, please contact the organization directly.
*all times Eastern US (GMT-5:00)

Making News?
Read our Guidelines for Submitting News Releases is an Internet-based progressive news and grassroots activism organization, founded in 1997.
We are a nonprofit, progressive, independent and nonpartisan organization.

Home | About Us | Donate | Signup | Archives | Search

To inform. To inspire. To ignite change for the common good.