Friday, January 01, 2010

How Bad Is It?

First minimum wage drop in US in 72 years

"Minimum wage in Denver, Colorado, will decrease in the new year, marking the first such decrease in any state's minimum wage since 1938. Colorado's wage is going to be lessened by 3 cents an hour, from $7.28 to the federal minimum of $7.25."

"Although the drop in Colorado is small, those 48,000 residents earning the minimum shook their heads at the possible cut in their pay. "It is hard to make it, hard to get by," said John Mullen, 50, an out-of-work construction worker waiting for a bus on a bitterly cold New Year's Eve in Denver. He said he remembers making minimum wage at a factory and having enough for small comforts."

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