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DBoon

(22,366 posts)
Fri Jan 3, 2020, 12:23 PM Jan 2020

"Pay Is Rising Fastest for Low Earners. One Reason? Minimum Wages."

These days, wages in the United States are doing something extraordinary: They’re growing faster at the bottom than at the top. In fact, recent growth for workers with low wages has outpaced that for high-wage workers by the widest margin in at least 20 years.
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As the analysis has shown us, wage growth at the bottom is doing well. It has been around 4.1 percent over the last two years — above the 3.6 percent at the top end, and above the overall average of 3.9 percent.

But absent the pressure from minimum wage workers, growth at the bottom would have been closer to 3.3 percent.


https://www.nytimes.com/2020/01/03/upshot/minimum-wage-boost-bottom-earners.html?action=click&module=Top%20Stories&pgtype=Homepage

Policies pushed by progressive Democrats are helping low paid workers as intended.
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