Why The $7.25 US Minimum Wage Hasn't Changed For 15 Years | Business Insider Explains
Business Insider Business Insider
9.62M subscribers
46,865 views
1.2K

 Published On Sep 25, 2024

The federal minimum wage has been stuck at $7.25 since 2009. Democrats want to raise it, but business leaders say it will tank the economy. Here's what's at stake.

MORE BUSINESS INSIDER EXPLAINS VIDEOS:
The Rivalry Between Tech Billionaires Bill Gates And Steve Jobs | Business Insider Explains
   • The Rivalry Between Tech Billionaires...  
Musk Lawsuits Explained | Business Insider Explains | Business Insider
   • Musk Lawsuits Explained | Business In...  
I Tried To Kill My Smartphone Addiction With A Dumb Phone. Here's How It Went. | Business Insider
   • I Tried To Kill My Smartphone Addicti...  

CHAPTERS:
00:00 - Intro
00:33 - The First Minimum Wage Is Set
00:42 - State Minimum Wage Vs. Federal Minimum Wage
00:57 - Businesses Pay Workers More Than Minimum Wage
01:29 - Why Advocates Want To Raise Minimum Wage
01:55 - How Seattle Raised Minimum Wage
02:08 - Results Of Minimum Wage Hikes On Jobs
02:32 - The Congressional Budget Office Minimum Wage Calculator
03:00 - How A Minimum Wage Hike Could Impact Prices
03:15 - How Much We Should Raise Minimum Wage
03:57 - Credits

------------------------------------------------------
#minimumwage #economy #businessinsider

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

Visit our homepage for the top stories of the day: https://www.businessinsider.com
Business Insider on Facebook:   / businessinsider   Business Insider on Instagram:   / insiderbusiness   Business Insider on Twitter:   / businessinsider  
Business Insider on Snapchat:   / 5319643143  
Business Insider on TikTok:   / businessinsider  

Here’s What Would Happen If We Raised Minimum Wage | Business Insider Explains | Business Insider

show more

Share/Embed