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.

  • aidan@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    Oh I see my confusion now I thought you were saying PPP against inflation, rather than PPP against productivity. But my point about nationally is that PPP differs based on area a lot, especially in housing. I don’t think comparing to productivity is fair because a lot of the money going to labor from US companies is going to offshoring or into automating jobs away.