40% Of Americans Now Make Less Than 1968 Minimum Wage:
The minimum wage would be $16.50 an hour - $33,000 a year - if it had kept up with the growth of productivity since 1968. To put the effect of this a different way, 40% of Americans now make less than the 1968 minimum wage, had the minimum wage kept pace with productivity gains. Ref. Source 3
Massachusetts State Senators Approve Nation's Highest Minimum Wage:
The Massachusetts state Senate passed a bill on Tuesday that would raise the state's minimum wage to $11 an hour and ensure future automatic increases tied to inflation. If it were to pass the state House and be signed into law by the governor, it would be the highest state minimum wage in the country. Ref. Source 2
Raising The Minimum Wage To $10.10 Could Lift Nearly 5 Million Out Of Poverty:
Poverty increased by 3.4 percent during the recession, a rate that has not improved since, but a $10.10 wage would erase more than half of that uptick. Dube's findings come from an analysis of 23 years of data on minimum wage increases as well as a review of previous findings. Ref. Source 8