The minimum wage is now the lowest it’s been in 70 years—making the federal wage floor ‘officially a poverty wage,’ report finds

The U.S. federal minimum wage has remained at $7.25 for 17 years, making it the lowest in 70 years and officially a poverty wage, according to a report by the Center for Economic and Policy Research (CEPR). A full-time job at this wage falls below the Department of Health and Human Services' poverty threshold, with 62% of Americans supporting a $15 minimum wage.