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The minimum wage in the United States is no longer a living wage. At $7.25, the federal minimum hasnât kept up with the cost of living since the late 60s, and thereâs a growing movement among workers, policy analysts, state and city governments â and even some employers â to raise it.
From 1 April 2016, the government introduced a new mandatory national living wage (NLW) for workers aged 25 and above, initially set at Â£7.20 - a rise of 50p relative to the current National Minimum Wage (NMW) rate. Thatâs a Â£910 per annum increase in earnings for a full-time worker on the current NMW.