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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.
Cost-of-Living Adjusted Minimum Wage. In 2015, for the first time, a majority of states have minimum wages above the federal minimum, which is $7.25. Activists, fast-food workers and others are calling for increasing the minimum wage to $15 an hour in some cities.