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7 Facts About the Minimum Wage

Sunday, July 24, marks seven years since the last time the federal minimum wage was raised. Here are seven things you might not know about it:

1. Since the last time it was raised to $7.25 in 2009, the cost of living has increased by nearly 12 percent.
2. Historically, there has been bipartisan support for regular increases.
3. 18 states and the District of Columbia have taken action to raise their minimum wages
4. The majority of Americans supports raising the minimum wage above $7.25.
5. Companies large and small have raised wages for their lowest-paid employees.
6. Most workers who would benefit from a minimum wage increase are adults.
7. The federal minimum wage for tipped workers is even lower.

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