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States lead the way on minimum wage

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.

By Jordan Yadoo | Updated on April 15, 2015

(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.

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