For some making minimum wage, the new year holds modest promise – Christian Science Monitor

Workers making minimum wage will get a pay increase in the new year in states that require minimum wage to keep up with inflation.  This adjustment generally only maintains buying power but will be helpful to workers whose wages have decreased while the cost of living has gone up.  Economists say increasing the income of minimum wage earners guarantees the money will go back into the economy because people making so little have to spend all their income on necessities and do not have the option of saving.


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