Bloomberg by the Numbers: $9

Photograph by Daniel Acker/Bloomberg

Tyree Johnson, a 20-year McDonald’s employee making minimum wage, wears an #FF15 pin in Chicago, Illinois, on Nov. 26, 2012.

That’s the federal minimum wage proposed by President Barack Obama.

In his State of the Union address on Feb. 12, Obama said the hourly minimum wage should be raised to $9 from $7.25 by the end of 2015.

“Today a family with two kids that works hard and relies on a minimum wage salary still lives below the poverty line,” Obama said Feb. 15 in Chicago. “That’s wrong, and we should fix it.”

Republicans including Speaker John Boehner have said that raising the minimum wage could hurt hiring.

“What happens when you take away the first couple rungs on the economic ladder, you make it harder for people to get on the ladder,” Boehner said Feb. 13.

Nineteen states and the District of Columbia already require employers to pay more than $7.25 per hour, Bloomberg’s Lorraine Woellert reported Feb. 14.

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