Minimum Wage Could Go Up in Iowa
Iowa Governor is supportive of a long-due minimum wage increase.
With cost of living increasing, it seems archaic that minimum wage in Iowa is still $7.25/hour. Neighboring states have increased their minimum wage rates and Gov. Branstad thinks it's time Iowa follows suit.
Iowa's KCRG.com reports,
"According to the Labor Department, when adjusted for inflation, the current minimum wage would need to be more than $8 per hour to equal its buying power of the early 1980s and more nearly $11 per hour to equal its buying power of the late 1960s"
It seems there will be some resistance, as House Republicans are advancing a bill to keep it at $7.25/hour and want other counties who have already raised minimum wage to scale it back.