this post was submitted on 23 Aug 2023
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In a Hot Job Market, the Minimum Wage Becomes an Afterthought (www.nytimes.com)
submitted 2 years ago by [email protected] to c/[email protected]
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The federal wage floor of $7.25 is increasingly irrelevant when even most teenagers are earning twice that. But what happens when the economy cools?

Kitchen workers at Liberty House, a restaurant and event venue in Jersey City, N.J. The state passed a minimum-wage law in 2019, but the hot job market has rendered the minimum largely moot.

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