Florida’s minimum wage increases to $7.67/hr on January 1

Bloomberg’s Chart of the Day shows that after adjusting for inflation, the federal minimum wage dropped 20 percent from 1967 to 2010, even as the nominal figure climbed to $7.25 an hour from $1.40, a 418 percent gain.

To viewthe chart and the complete article: http://www.bloomberg.com/news/2011-12-28/minimum-wage-in-u-s-fails-to-beat-inflation-chart-of-the-day.html

 

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