Thursday Will Mark 5 Years Since Last Minimum Wage Increase; Business Owners Honored By White House Tuesday for Wage Leadership
FOR IMMEDIATE RELEASE: July 21, 2014
CONTACT: Bob Keener, 617-610-6766, bob@businessforafairminimumwage.org
WASHINGTON DC – This Thursday, July 24, will mark five years since the federal minimum wage was last increased. Its current rate of $7.25 per hour has less buying power than it had in 1950, and a third less than in 1968, adjusted for inflation. In acknowledgment of the business community’s growing support for a minimum wage raise, two business owners will be honored by the White House on Tuesday, July 22, for their leadership as “Champions of Change.”