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Upon inception it was set at $0.25. It is now $7.25.

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[-] Pottsunami@lemmy.world 67 points 1 year ago

There are lies, damn lies, and then there's statistics.

Im not here to say the minimum wage doesnt need to be raised, because it does, but another way of putting that is

"The minimim wage has increased 1500% in 85 years."

That sounds a lot better even though its the same thing.

[-] WHYAREWEALLCAPS@lemmy.world 84 points 1 year ago

Meanwhile the cost of living has increased 2077% in 85 years.

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[-] Brickhead92@lemmy.world 10 points 1 year ago

Wow! That's almost as much as a CEO increases in 3 months!

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[-] Gingerlegs@lemmy.world 53 points 1 year ago

When I turned 14, I started working for $3.75 an hour. Minimum wage was $3.25 and I felt damn lucky.

I’m 40

[-] IonAddis@lemmy.world 45 points 1 year ago

I'm 40 and min wage where I was was $5.25/hr if I recall. (Non-tipped job, tipped jobs were lower.) A 1 bedroom in my area at the time was about $700. I remembering being SO damn confused as to why someone working 40 hours on min wage wouldn't even pay for a 1 bedroom after taxes, much less utilities, car, food, etc. I redid the math over and over again, thinking I must be doing something wrong because school talked all about budgets and stuff...

...but no, school had just failed to tell me that min wage wouldn't actually cover a real-world apartment in my area.

It was all particularly stressful to me because I was in foster care in a group home as a teen, and I did work and school at the same time and they were prepping for us to go live on our own...and no matter how I did the math, I couldn't afford a real apartment on my own EVEN IF someone had been willing to rent to me w/out a co-signer.

[-] scottywh@lemmy.world 16 points 1 year ago* (last edited 1 year ago)

If you lived in the US, your numbers (and your memory) are absolutely incorrect.

Editing to add info:

Assuming the previous commenter is actually 40 years old and lived in the US, the minimum wage would have either been $4.75 or $5.15 when they were 14 (not $3.25)...

In fact, minimum wage in the US has never been $3.25.

https://www.dol.gov/agencies/whd/minimum-wage/history/chart

[-] Catoblepas@lemmy.blahaj.zone 9 points 1 year ago

State minimums can be different for certain jobs, and certain jobs are exempt from minimum wage and have a lower set wage. Tipped workers are the ones everyone knows about, but farm workers and others are also exempt.

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[-] YurkshireLad@lemmy.ca 40 points 1 year ago

Minimum wage is simply the lowest full time salary a company can legally get away with paying. Nothing more, nothing less.

I'm primarily talking about large corporations that make millions and billions, yet claim they can't afford to pay more than minimum wage.

[-] paddirn@lemmy.world 19 points 1 year ago

I've worked for a number of different companies since I was a teenager and first got a job. Without a doubt, the cheapest motherfuckers on the planet with the most squalid working conditions are the biggest companies I've worked for. I think part of the key to being a top corporation is being stingy as fuck.

[-] RichardB@lemmy.world 10 points 1 year ago* (last edited 1 year ago)

Saving $50 per employee when you have 5 employees is $250. It's nice, but not a game changer. 50 employees: $2,500, 500 employees: $25,000. When you have more employees squeezing pennies out of your workers becomes a relevant boon to the company.

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[-] BeautifulMind@lemmy.world 40 points 1 year ago

If you do the comparisons in normalized dollars and compare to productivity, minimum wage (if it tracked to the same purchasing power as it did in the 1950s) would be somewhere around $26 in today's dollars. If you do the same but track to inflation, it would be about $22.

When the wage doesn't keep track to inflation, it's not 'increasing', it's a pay cut. When it doesn't track to productivity, it's a pay cut out of labor's part of any growth.

When workers earning suppressed wages compete to buy things like housing, they're bidding against the class of people that received the share of productivity they didn't- and when the folks making more bid up prices of those things, it's a double-whammy of foregone wage + increased cost-of-living.

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[-] Rocketpoweredgorilla@lemmy.ca 40 points 1 year ago

Minimum wage here where I am is going to $15.30 oct 1st (Canuck bucks) and I don't think it's enough considering how expensive things are nowadays.

[-] SocialMediaRefugee@lemmy.world 38 points 1 year ago* (last edited 1 year ago)

Federal min wage, many state minimum wages are more than that

https://www.dol.gov/agencies/whd/minimum-wage/state

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[-] Gestrid@lemmy.ca 30 points 1 year ago

It should be noted that this is the federal minimum wage. Many states set a higher minimum wage than that. For example, California's minimum wage will be $16/hr starting January 1st, Virginia is $12/hr, and New York is $14.20/hr.

[-] owatnext@lemmy.world 16 points 1 year ago

Pennsylvania is $7.25 lol.

[-] PhlubbaDubba@lemm.ee 9 points 1 year ago

California's is actually even weirder, because they recently passed legislation that raises the minimum wage but specifically on franchised businesses

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[-] evo@sh.itjust.works 25 points 1 year ago

Could be worse. 25 cents in 1938 is still only worth $5.44 today.

[-] Bjornir@programming.dev 30 points 1 year ago

2 dollars of progress for 85 years... How much has productivity risen during that time?

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[-] Guildo@feddit.de 25 points 1 year ago
[-] NarrativeBear@lemmy.world 22 points 1 year ago

Meanwhile in Canada minimum wage is at $16.55 starting Oct 1st.

Though I don't understand how the tipping culter is essential the same between the US and Canada

[-] rhandyrhoads@lemmy.world 10 points 1 year ago

To be fair that's like 12 USD which would still require tipping. Also not sure if Canada has the same minimum wage exception for tip workers where they're allowed to be paid significantly less than minimum wage so long as tips make up the difference. In the US it's very typical for tip workers to only be paid 2-3 dollars an hour.

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[-] PmMeFrogMemes@lemmy.world 19 points 1 year ago

I agree it needs to be raised but that's a terrible and misleading way to present the data.

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[-] yoz@aussie.zone 15 points 1 year ago

Why do people even live in the US?

[-] cjthomp@lemmy.world 41 points 1 year ago

You write that as if moving to a new country is just that easy.

If you're in Europe and have never visited, you might be surprised at just how huge the US is. That, plus having only two adjacent countries, makes leaving very difficult.

Oh yeah, plus you have to get into another country, most of which aren't super welcoming to immigrants, either.

[-] jdaxe@infosec.pub 11 points 1 year ago

Their instance implies they're Australian which is similar in size to the US, and also further away from most other countries.

You are right that it's difficult for many people to move country though.

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[-] cedarmesa@lemmy.world 25 points 1 year ago* (last edited 1 year ago)
[-] SendMePhotos@lemmy.world 21 points 1 year ago

Difficult to escape.

[-] FireTower@lemmy.world 17 points 1 year ago

It's a pretty nice country, it's got a little bit of everything. It has flaws, and as Americans we complain about them and try to get them fixed to constantly improve it.

I think a lot of the images of America being so bad comes from our overwhelming volume online.

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[-] vivavideri@lemmy.world 15 points 1 year ago

They don't make it easy to get out.

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[-] hperrin@lemmy.world 12 points 1 year ago

I think a more alarming stat is that, due to inflation, minimum wage workers have received a pay cut every year for the last fourteen years.

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this post was submitted on 27 Sep 2023
1246 points (95.9% liked)

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