Over at Massachusetts Budget and Policy Center, they have crunched some numbers about who will be affected by a Massachusetts restoration of the minimum wage to $10.50 an hour (returning to its 1968 value). The results are staggering:
Increasing the minimum wage would give hundreds of thousands of Massachusetts workers a raise and provide them and their families with additional resources to pay for basic necessities. A full-time minimum wage worker in Massachusetts makes $16,000 in 2013, about $5,000 less (when adjusted for inflation) than he or she would earn if the minimum wage had maintained its value since 1968 (which was equal to about $10.72, or $21,440 a year, in today's dollars).
Increasing the minimum wage to $10.50 by 2016 would raise the wages of approximately 568,000 workers.
Restoring the minimum wage? That just may be the single most influential action the Legislature could take to help the greatest number of Massachusetts's working poor.
What are we waiting for?
It's time to raise up Massachusetts -- with no price exacted from the backs of the unemployed.
READ MORE OVER AT MASSBUDGET