Activists demand higher federal minimum wage
OW Staff | 7/25/2012, 5 p.m.
Hundred of protesters turned out for a rally Tuesday in front of the Inglewood Burlington Coat Factory located at the intersection of Crenshaw Boulevard and Imperial Highway to protest low wages and demand a hike in the minimum wage.
Burlington is owned by Bain Capital, a company co-founded by presumptive Republican presidential candidate Mitt Romney. According to a report by the National Employment Law Project, the majority of the top 50 low-wage employers (such as Burlington) have recovered from the nation's most recent recession and are "enjoying strong profits," yet the weekly paychecks of their workers fell by 1.7 percent in the final quarter of last year.
The report went on to note that the federal minimum wage has not increased in three years and that had this salary level kept pace with the cost of living since 1968, workers would be making $10.55 instead of the current $7.25 per hour.
Activists are calling for the minimum wage to increase to $10 an hour.