The time period “wage minimal wage 2025” refers back to the lowest hourly or annual wage that employers are legally required to pay their employees. It’s a essential subject as a result of it instantly impacts the monetary well-being of hundreds of thousands of people and households.
Elevating the minimal wage has been proven to have quite a few advantages, together with lowering poverty, stimulating financial development, and bettering the general way of life. Traditionally, the minimal wage has been adjusted periodically to maintain tempo with inflation and make sure that employees have a good and livable wage.