"In 10 states (plus D.C.), the minimum wage rises annually based on some sort of inflation or cost-of-living index, with the intent of preserving its current purchasing power."

  • Quote

Name

"In 10 states (plus D.C.), the minimum wage rises annually based on some sort of inflation or cost-of-living index, with the intent of preserving its current purchasing power."

Types

Quote

Source

Pew Research Center

Source URL

https://www.pewresearch.org/short-reads/2021/03/12/when-it-comes-to-raising-the-minimum-wage-most-of-the-action-is-in-cities-and-states-not-congress/

Referenced by

Many states and localities have adopted policies for automatic minimum wage adjustments based on inflation or cost-of-living indexes, aiming to preserve the purchasing power of low-wage workers over time.

US Politics

Claim