Reviving Living Wage Policies
As local leaders grapple with soaring housing costs, persistent inflation, and a tight labor market, living wage ordinances offer a targeted way to support low-income workers without waiting for federal action. With the federal minimum wage remaining at $7.25 since 2009, cities and towns have stepped up, but adoption remains spotty. A recent research note highlights that only 14% of the largest U.S. municipalities have enacted such policies, yet they could play a bigger role in reducing poverty and boosting local economies.