Five of the six fastest-growing job categories today pay less than the median wage.The Federal minimum wage right now is $7.25. About nine states have a minimum wage higher than that, the highest being Washington at $9.19. Several states have minimum wages lower than the Federal rate, but they only apply to small companies doing business entirely within those states. [Reference]
Congress is currently considering increasing the Federal minimum wage to $10.10 (over the next three years).
The minimum wage in 1968, in today's dollars, was about $10.70.
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