Hoover Daily Report
Analysis and Commentary
US Money Ladder
Analysis and Commentary

Why Are Minimum Wages So Popular?

by Thomas E. MaCurdyvia Hoover Daily Report
Monday, November 29, 1999

As in 1996, when we last saw an increase in the federal minimum wage from $4.25 to $5.15 an hour, political pressure is once again building to raise it by another $1.