Wages

The vast majority of American households’ income comes from what workers receive in their paychecks – which is why wages are so important. Unfortunately, wages for most workers grew exceptionally slowly between 1979 and 2012, despite productivity—which essentially measures the economy’s potential for providing rising living standards for all—rising 64 percent. In other words, most Americans, even those with college degrees, have only been treading water—despite working more productively (and being better educated) than ever.

EARN groups provide key research and policy analysis describing how these trends have played out at the state and local levels, and what policymakers can do about it.

Publications

Publication

The State of Working Wisconsin 2017: Facts & Figures

For more than two decades now, annually, on Labor Day, COWS reports on how working people are faring in the state. The State of Working Wisconsin, released biannually on even-numbered years since  1996, is our long-form report, and looks at the economy comprehensively from a working-family perspective. In odd-numbered years, also biannually, we provide a more abbreviated and focused report, called The State of Working Wisconsin 2017: Facts & Figures.

Minimum wage isn’t what it used to be – it’s worse

The federal minimum wage was established in 1938 at 25¢ an hour (about $4.26 in today’s dollars). Since then it’s been adjusted 29 times to keep up with inflation and rising living standards. The most recent change was in 2009, when the minimum wage increased to $7.25 an hour — but that hasn’t been enough to maintain the value of the wage.

Adjusted for inflation, today’s minimum wage is worth about 33 percent less than it was in 1968 (the year of its peak adjusted value). Simply put, the minimum wage has not kept pace with the cost of living in America or what our society views as the basic income that a job should provide.