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Check out this graph "The erosion of the minimum wage" from The Washington Post as well: https://pbs.twimg.com/media/DvbrUVCVsAM25XX.jpg https://pbs.twimg.com/
by Jerry2 8y ago
Check out this graph "The erosion of the minimum wage" from The Washington Post as well:
https://pbs.twimg.com/media/DvbrUVCVsAM25XX.jpg https://pbs.twimg.com/media/DvbrUVCVsAM25XX.jpg
You need to do 47 hours of minimum wage work today to get the same amount of purchasing power as 40 hours of work in 2009.
- sethammons 8y agoThat's interesting. Related to the erosion of minimum wage, my brother's mom, when she was around late teens or early twenties (so, around 40 years ago), was able to rent a beach view place in Newport CA with her friend. They both worked part time at Burger King. There is no way that could happen today