Room to Grow: Ohio Can Afford a Higher Minimum Wage
September 15, 2006
Ohio worker productivity, Ohio executive compensation and national corporate profits have all risen steeply in inflation-adjusted terms in the past few years, while the minimum wage has declined in real terms, the median wage has stagnated, and the average wage has grown at a snail’s pace. These are the findings of a new report released today by Policy Matters Ohio and the Center for American Progress (CAP). The report finds that increased productivity and profits provide room for a minimum wage increase in Ohio.