In the U.S., people cannot legally work for less than the federal minimum wage. However, at a low rate of $7.25 per hour, many believe it’s impossible to make enough to survive and have called on Congress to raise it.
While some businesses may be against raising the federal minimum wage because it would increase their costs, it would likely benefit the U.S. as a whole. When employees have more money in their pockets, they’ll spend more and fuel the economy. Workers would be more likely to remain in their roles, which would reduce employee turnover rates and absenteeism while boosting productivity. These benefits have led to a recent push to increase the minimum wage across the country.
