Minimum Wage: The U.S. Close to The World’s Lowest
NEW YORK | By Ana Fuentes | The planned strike of fast-food workers in 100 cities on Thursday has stirred the debate about the minimum wage, which is among the lowest in all OECD countries. America is a much richer country today than 30 years ago, although the inflation-adjusted wages of nonsupervisory workers in retail trade have fallen almost 30 percent since the 70s. Underpaid jobs seem to be the new normal, many economists are warning.
