Yahoo News: Y! Big Story: What the minimum wage gets you

By Vera H-C Chan
Trending Now, Yahoo News, May 30, 2012 

What does $7.25 an hour get you?

These days, barely two gallons of gas. You'd probably have to work 30 minutes to enjoy a tall Frappuccino (maybe more if prices keep going up), although that's an indulgence when a box of diapers would cost about two hours of labor.

As the economy slowly rebuilds itself, talk about raising the minimum wage is, well, on the rise, and it has taken on more urgency in cities, states, and at the national level:

And while it's tempting to see this as a labor versus business dispute, coalitions like the Business for a Fair Minimum Wage, which includes companies like Costco, support minimum wage increases.

Read more:
http://news.yahoo.com/blogs/trending-now/y-big-story-minimum-wage-gets-1...

 

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