Watch CBS News

Relevance of minimum wage fading
Relevance of minimum wage fading

Employers in bidding wars for low-wage workers, changing relevance of minimum wage

The hot labor market has sent demand for higher pay skyrocketing across several typically low-wage industries and more workers are rejecting the federal minimum wage, according to a report from The New York Times. Lydia DePillis, economics reporter for The New York Times, joined CBS News to discuss the trend.Aug 28, 2023
View CBS News In
CBS News App
Chrome Safari
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.