But as we note in our report, recent analysis shows that 78% of minimum wage workers work at least 20 hours per week, and 80% are at least 20 years old. So when we’re talking about minimum wage workers, we’re not talking about high school kids in after-school jobs.
"in 94 percent of families with adults who work a job that pays at or below the minimum wage, the spouse works as well. In about 8 out of 10 of those families where children are present, the minimum wage job accounts for less than twenty percent of their household income. In other words, the majority of adult minimum wage earners are providing a small supplement to the income of a higher-earning spouse."
JUST GETTING BY? INCOME DEPENDENCE ON MINIMUM WAGE JOBS[pdf] Bradley R. Schiller, Department of Economics, University of Nevada-Reno
Yet, the lack of aff ordable housing is not an issue constrained to high-cost, urbanized regions. In fact, according to Out of Reach calculations, a worker earning the renter wage is unable to aff ord a two-bedroom unit in nearly every state, unless they pick up extra hours by cobbling together several jobs. In 28 states, the one-bedroom FMR exceeds the rent affordable to the average renter. And, in all but one state (WY), the two-bedroom FMR exceeds the rent affordable to the average renter.
increasing the minimum wage is a decent alternative even if it does likely cost some jobs/retard growth.
Conservatives need to be aware of the feedback loop in there - the more people out there who can't even afford a place to live, the less people there are who have discretionary income to spend on things businesses sell. And employment is not as simple as a binary distinction between employed/unemployed. If something "costs jobs", but those jobs are dreadful jobs that pay barely enough to survive on anyway, it's only a marginal loss. Underemployment hurts almost as much as unemployment.
It has become an article of faith among some policy makers and advocates, including Michelle Obama, that poor urban neighborhoods are food deserts, bereft of fresh fruits and vegetables.
But two new studies have found something unexpected. Such neighborhoods not only have more fast food restaurants and convenience stores than more affluent ones, but more grocery stores, supermarkets and full-service restaurants, too. And there is no relationship between the type of food being sold in a neighborhood and obesity among its children and adolescents.
You need to play with the rest of us, Mr. Billionaire, because there's nothing in the social contract that keeps us from eating you.
Within a couple of miles of almost any urban neighborhood, “you can get basically any type of food,”
In the critical subgroup of families with children present, only 1 in 20 families derived over 70 percent of household income from an ABMW (At or Below Minimum Wage) job. In more than 3 out of 4 such families, earnings from the ABMW job accounted for less than one fifth of total family income. These observations suggest that concern about the ability of minimum wage employment to provide income support for families is exaggerated. Few adult minimum wage workers have families to support. And those adult minimum wage workers who do have families get substantial income from spousal employment.
A majority of poor individuals between ages 16 and 64 do not work. For instance, about 54 percent of less-educated individuals who report missing a rent or a mortgage payment do not work; thus, raising the minimum wage would not benefit them.
Even among those who do work, the minimum wage appears to be poorly targeted. Nearly 87 percent of the wage earners who benefited from the 40 percent increase in the federal minimum wage between 2007 and 2009 were not poor—56 percent lived in households with an income more than two times the poverty threshold, and one-third lived in households with an income more than three times the poverty threshold.
[Full study - pdf - here]
The Employment Policies Institute (EPI) is one of several front groups created by Berman & Co., a Washington, DC public affairs firm owned by Rick Berman, who lobbies for the restaurant, hotel, alcoholic beverage and tobacco industries.
"In fact, poor single mothers comprise less than 5 percent of all minimum wage workers, and almost 55 percent already earn wage rates greater than $7.25 per hour, the new higher federal minimum wage rate."
The Department of Agriculture’s Food & Nutrition Service (FNS) has been engaged in a lengthy campaign to boost the program’s enrollment rates. In 2000 just 16.9 million people were receiving food stamps, and only 50 percent of those who were eligible participated in the program. Then FNS and the state agencies that administer SNAP began streamlining application processes and ramping up their outreach efforts. By 2007, 66 percent of “eligibles” had been converted into participants, and preliminary data suggests that that percentage continued to increase in 2008 and 2009. SNAP, it turns out, is a rare and increasingly costly example of government efficiency.
"Public policy designed to help workers who lose their jobs can lead to structural unemployment as an unintended side effect. . . . In other countries, particularly in Europe, benefits are more generous and last longer. The drawback to this generosity is that it reduces a worker's incentive to quickly find a new job."
Krugman also writes that "most economists agree that a sufficiently high minimum wage does lead to structural unemployment."
« Older Julian Cope's "Album of the Month" series brims wi... | Tourette does not shorten life... Newer »
This thread has been archived and is closed to new comments
Buy a Shirt