Quote:
Originally Posted by GGG
Somewhere in one of these minimum wage threads (actually a few times) someone has posted the answer to this question.
It’s something like 60% of median wage should be minimum.
Edit: https://noahpinion.substack.com/p/wh...is-pretty-safe
Pretty good article which links to the research it’s based on
Mississippi weekly wage is 843 which based on a 40hr week is 21 which would put 60% at 12.50 or so. With a 35hr average work week it would be $14.50 |
https://datacommons.org/place/geoId/...5Onwards&hl=en
This says Mississippi’s median wage is $24k/year or more like 461/week. And about 11-12/hour. A $15 min wage is a few dollars higher than the median wage.