The federal minimum wage increases from $5.85 an hour to $6.55 per hour yesterday. This is the second of three scheduled minimum wage increases, with the final increase scheduled for July 24, 2009 when the minimum wage will rise to $7.25 per hour. This is over a 10% increase per year. If I’m getting an annual 5% increase, am I getting screwed? For detailed rates listed by state click here.
After 2 years of buying hero subs at my local Gregory’s House of Pizza(GHOP), the prices have finally gone up. I’ve been pretty lucky to be getting sandwiches at the price I was due to the rapid inflation in the economy. Their whole menu has increased prices by 25 cents. Not a huge amount but, it is noticeable. Has anyone else noticed any other increases besides, gas, and milk?
July 29th, 2008 at 2:36 pm
Just walk into any food store and look at the price of any product and it has gone up by at least 10%
July 29th, 2008 at 2:41 pm
The pop tarts I get went up from $0.85 to $0.99.
10%. Went right in line with minimum wage increases. So if that’s the case then it all evens out and it’s like no change for people making minumum wage.
January 25th, 2011 at 10:07 pm
Came across your site, will definitely come back again sometime.
February 7th, 2011 at 12:04 pm
This is a superb blog, I located your site searching bing for a related theme and arrived to this. I couldnt come across to much other details on this piece, so it was nice to discover this one. I probably will be back again to look at some other posts that you have another time.