Finance & Revenue
What is happening? According to a report from The Economic Policy Institute 21 states passed legislation to raise the minimum wage, 9 states have automatic inflationary increases kicking in this year, & 4 have minim wage increases scheduled.
Why is this important? 34 states red and blue are raising the minim wage
How will this be important? The report stresses that any pre-pandemic assumptions abbot the impact cannot be used because working conditions have changed dramatically.
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