• frezik@midwest.social
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    3 months ago

    You’re probably thinking of the effort to raise the minimum wage to $15. Which has been going on long enough that inflation pushes that well over $20.

    This isn’t the same measure, though. It’s taking productivity–how much each worker outputs per hour–and applies that to what the minimum wage should be. There’s a huge gap in that time between productivity and how much workers are actually making.

    At least, I think that’s how they’re calculating it. Haven’t done the math.