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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.
Yes, but it's up to employers to decide if they want to pay it or not. The current Living Wage for London is Â£9.15 an hour, lower than what the Government says its National Living Wage will be by 2020. Elsewhere the rate is Â£7.85 an hour, more than what has been proposed in the Budget.he change won't affect people aged 24 and under currently on the minimum wage. At the moment, the national minimum wage is Â£6.50 and applies to everyone aged 21 and over. This will increase to Â£6.70 from 1 October 2015. 18-20 year olds' current rate will increase by 17 pence to Â£5.30 per hour.