The federal minimum wage has been set at $7.25 since 2009. But is minimum wage going up this year after holding firm for over a decade? We’ve heard a lot about wage stagnation in the media lately. It’s part of presidential candidate stump speeches. It’s part of social commentary as movements like “Fight for $15” gain global notoriety. It’s part of state government and Congressional debates. And it’s part of corporate conversations as companies decide how to balance profits, labor and resources.
