Just this past Monday, the retail chain Target announced that it will raise the minimum hourly wage it pays all its workers, including the more than 100,000 hourly workers it will hire for the holidays, to $11.00 an hour. At the same time, Target committed to a minimum wage of $15.00 per hour by 2020.
The company deserves comendation; it has steadily raised its minimum wage for several years. At the moment, the amount sits at $10 an hour; it will go to $11.00 in October. That rate is higher than the minimum wage in 48 states, and matches minimum wage amounts in the states of Massachusetts and Washington.
$11.00 per hour is also much higher than the current federal minimum wage of $7.25.
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