the.com/minimum wage
the price floor on your time, set by people who've never worked an hourly shift.
means the lowest hourly pay an employer can legally give a worker, set by government law.
from born in 1894 New Zealand, adopted by the US in 1938 under the Fair Labor Standards Act to stop sweatshop-era pay races to the bottom.
federal us rate$7.25 since 2009, unchanged 15-plus years
inflation mathhas lost roughly a third of its buying power
tipped workersfederal floor drops to $2.13 an hour
global rangefrom zero in some countries to $20-plus in others