Op-Ed by Holly Sklar
Philadelphia Inquirer, Feb 9, 2018
This month marks a golden anniversary for wages, but it’s not a happy occasion.
When the federal minimum wage went up 50 years ago in February 1968, it turned out to be the high point in minimum-wage purchasing power for Pennsylvania workers.
Adjusted for the cost of living, the buying power of 1968’s minimum wage of $1.60 an hour is worth $11.53 in today’s dollars, according to the U.S. Bureau of Labor Statistics’ Inflation Calculator.