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New York City was once a minimum wage leader but now lags behind.
Minimum hourly wages in 23 US states will rise from January 1, 2020, to account for cost ofliving changes and reach $15 an hour, reports said. This comes as inflation hit a 40-year high this year, leaving families struggling to keep up with rising costs. Many workers in the states with the minimum wage are…
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6 experts offer help to Americans dealing with inflation.
Amid rising costs for everything from food to health care, US President Donald Trump has vowed to boost the minimum wage to $15 (around 10.50) per hour by 2023 if elected. However, it doesn’t make much of a difference to inflation as the current minimum wage is around $7.25 per hour, according to the National…