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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.
The term Living Wage refers to the minimum hourly wage necessary for a person to achieve a higher standard of living. The City of Santa Fe Living Wage Ordinance was adopted to establish minimum hourly wages. Effective March 1, 2016 all employers are required to pay employees an hourly wage of $10.91 per hour. This includes part-time and temporary employees.