What Usurps a$15/hr Minimum Wage mandate? The Market.

What’s happening? In lieu of $15/hr minimum wage mandates, market forces are increasing minimum wages.

Why is this important? Data from job postings from 2019-2021, show that COVID saw many service-sector industries raise wages above a $15 starting wage during the period, often by significant margins

How will this be important? Wages are continuing to rise and are gaining steam during the COVID recovery. Economists say it is a sign that corporations are treating employees more fairly.

@Businessweek