Essence Magazine:
By Ronny Maye ·Updated December 12, 2025 Getting your Trinity Audio player ready…
Our economy is facing some challenges right now. For instance, the federal minimum wage has remained unchanged at $7.25 since July 2009, marking the longest period without an increase in U.S. history. Many cities are seeing average rents for 2-bedroom apartments between $1,200 and $1,800. We’ve also noticed prices going up for childcare, groceries, and utilities. Plus, rising
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