TIL Minimum wage has only increased by $7.00 in 85 years in the USA. - eviltoast

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

  • IonAddis@lemmy.world
    link
    fedilink
    English
    arrow-up
    47
    arrow-down
    1
    ·
    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.