Minimum Wage Increase!

I was researching my topic and I discovered that the federal government has already made future plans to raise the minimum wage again. How exciting? I found this really nice chart that has the Federal Minimum wage history on it. It begins with October 24, 1938 and the wage was $0.25 an hour! Wow, I can not grasp making any less that I do now, but to reduce it all the way to a quarter for an entire hour of labor? Nope, can't do it. Over the years, it shows the gradual increases. It increases five cents and then ten cents and then...a whopping thirty five cents increase! Ha-ha, but now the minimum wage is $5.85. So it’s good to know that some of us are actually farther away from minimum wage than we thought. On July 24, 2008, the wage rate is supposed to increase to $6.55 and after that, it will increase again on July 24, 2009 to $7.25. That should be very interesting for our economy. Not only that, but the jobs that pay less than that will have to go through the changes of paying more money. If you ask me, some of these jobs do not pay enough for all of the work that they want done.