Employers in bidding wars for low-wage workers, changing relevance of minimum wage

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Employers in bidding wars for low-wage workers, changing relevance of minimum wage – CBS News

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The hot labor market has sent demand for higher pay skyrocketing across several typically low-wage industries and more workers are rejecting the federal minimum wage, according to a report from The New York Times. Lydia DePillis, economics reporter for The New York Times, joined CBS News to discuss the trend.

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