(Bloomberg Business) — As the hunt for wage growth takes center stage in the economic recovery, workers nationwide are rallying Wednesday for an increase in the minimum wage to $15 an hour from the prevailing $7.25.
The message behind the so-called Fight for $15 has gained attention in recent months, with companies such as Wal-Mart Stores Inc. and McDonald's Corp. announcing pay-floor increases, and the city of Seattle approving a phased hike to $15 an hour. States are getting in on the action, too.
Some 29 states boast wage floors above the U.S.-mandated $7.25, just one short of the record 30 that precipitated the most recent federal increase six years ago.
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