Which States Have Raised the Minimum Wage?

The video discusses the challenges of raising the federal minimum wage from $7.25 to $10.10, as proposed by President Obama, and the political hurdles it faces with Republican control of the Senate. It highlights that wage increases are more likely to occur at state and city levels, with cities like Chicago, San Francisco, and Seattle already raising wages. The economic impact of these increases is mixed, as it can boost the economy by putting more money in people's pockets but may also lead to job losses for some workers. The video concludes that there is no clear answer to the right wage level.

What is the current federal minimum wage in the United States?

What wage increase did President Obama propose?

What are some cities that have raised their minimum wage?

What are the potential economic impacts of raising the minimum wage?

What factors contribute to the debate on the appropriate level for minimum wage?