Sunday, July 24, marks seven years since the last time the federal minimum wage was raised. Here are seven things you might not know about it:
- Since the last time it was raised to $7.25 in 2009, the cost of living has increased by nearly 12 percent.
- Historically, there has been bipartisan support for regular increases.
- 18 states and the District of Columbia have taken action to raise their minimum wages
- The majority of Americans supports raising the minimum wage above $7.25.
- Companies large and small have raised wages for their lowest-paid employees.
- Most workers who would benefit from a minimum wage increase are adults.
- The federal minimum wage for tipped workers is even lower.