But whatever the future may bring, one thing's for sure. Today is a happy one for a lot of workers.
Some 2.6 million low-paid workers are due for a wage boost today because the legal minimum wage goes up to $1.25 an hour from $1.15. Even more persons perhaps expect to benefit indirectly because their differential tends to rise as the lowest paid job does.
-- Associated Press, September 3 (full story here: @)
Note: $1.25 is about $9.50 in 2013 dollars; the current U.S. minimum wage is $7.25.
* "History of Federal Minimum Wage Rates Under the Fair Labor Standards Act, 1938-2009" (U.S. Department of Labor): @