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The Case for a High Minimum Wage
- ksvarma 13y ago1) These are not teenager summer jobbers, Avg age is 35; most work full time; more than one-fourth are parents; and, on average, they earn half of their families’ total income. 2) This is an old debate since 1968 - $10.10 an hour by 2016 (also adjusted to 2013 dollars) would lift the minimum to just above its real value in 1968. 3) Doesn't hurt employment
- ksvarma 13y agohttp://s4.epi.org/files/2013/EPI-top-charts-2013-11.png http://s4.epi.org/files/2013/EPI-top-charts-2013-11.png
- ksvarma 13y agohttp://www.epi.org/publication/top-charts-2013/ http://www.epi.org/publication/top-charts-2013/
- sharemywin 13y agoIt's just a shame it's not spread out over a longer period of time so business can adjust more slowly. Most service business will be effected if their labor costs go up by 30%.