By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Wonktonodi said:
Insidb said:

That doesn't translate:

A movie ticket was $0.23 in 1939, and minimum wage was $0.28.

A movie ticket is $8.34 today, and minimum wage is $7.25.

That means that a ticket was less than minimum wage, and a ticket is now more.



 

29 states and dc have a higher minimum wage than the federal minimum. that wasn't the case then. 

But that was a relatively new intiative (1/1/15), 21 states are at or below the federal minimum, 38 states are below $8.34, and the average minimum wage was $7.49 in 2013.

http://www.raisetheminimumwage.com/pages/minimum-wage-state

http://www.pewresearch.org/fact-tank/2015/07/23/5-facts-about-the-minimum-wage/

http://finance.townhall.com/columnists/politicalcalculations/2013/03/25/the-national-average-minimum-wage-n1548020/page/full