Upon inception it was set at $0.25. It is now $7.25.

  • maegul (he/they)@lemmy.ml
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    1 year ago

    Just when boomers were young (8-23 yrs old) … totally tracks!

    Looking at the linked graph, there’s a relatively clear plateau from ‘56 to ‘80 … basically from oldest boomers being age 11 to youngest boomers being age 20. I’m a little astonished at how well it lines up with the whole fucking generation. Literally all of them, from the beginning of their teens to the end of their teens (at least), enjoyed the best minimum wage of the modern age.

    It also, interestingly, justifies the seperate categorisation of the Jones generation (born 1960-1966) who were the first to see the steady decline.