CEO pay has risen 725 percent over the last 30 years, yet the real value of the minimum wage continues to decline. In the retail sector alone, too many workers are struggling to survive in minimum wage jobs with inconsistent hours and few benefits, and many of these workers are being forced to rely on taxpayer funded programs like food stamps just to make ends meet.
This is simply wrong, and states and localities from California to New Jersey are refusing to sit by, with many raising their own minimum wage to levels higher than the federal rate. In fact, Seattle just raised its minimum wage to $15 per hour. But all Americans deserve a living wage, and this problem calls for a federal solution. This is an election year, and the Retail Justice Alliance urges Senate Republicans to think about the many voters who are struggling to survive in low-wage jobs and raise the minimum wage.