Pollin: US has lowest min wage, highest youth unemployment

Robert Pollin, co-director of the Political Economy Research Institute (PERI) and professor of economics, appeared on The Real News Network to discuss the low minimum wage of the U.S., which, when adjusted for inflation, is lower in 2013 than it was in 1968. Pollin also postulated that, if you corrected the minimum wage for both inflation and increased worker productivity, it should be closer to $25 per hour; the current federal minimum wage is $7.25 per hour.

 

Leave a Reply

Your email address will not be published. Required fields are marked *