Is $18 an hour the new minimum wage?

With the labor market continuing to be super competitive, the baseline for hourly wages may be approaching $20 if companies want to attract badly needed talent, said one economist.

“I am starting to see a willingness to hit the $18 an hour mark. I am kind of looking at that more as maybe where companies start to come in on a regular basis,” said Emsi Burning Glass chief economist Ron Hetrick on Yahoo Finance Live. “You had companies like Amazon who set the standard there. I think everybody…


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