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Fuck me, I just converted the minimum wage in France, which is considered quite low, into dollars
$12.65 :(
Considering the horrific rent prices, food prices and basic utilities like internet, $7.25 is slave wages
Yup.
After adjusting for inflation, this is the lowest it’s been since 1945. https://www.statista.com/statistics/1065466/real-nominal-value-minimum-wage-us/
A few more years, and minimum wage will be worth less than it was when it was created in 1938.
In fairness 29 US states or territories have minimum wage higher that that federal minimum of $7.25/hour
Still nearly every state’s minimum wage is still too low.