Not Just For Teens: Busting The Myths About Minimum Wage
by The National Memo on Nov 6, 2013 | Views: 167 | Score: 0
Minimum Wage Workers | |
---|---|
% 20 years of age or older | 88 |
% who are women | 56 |
% who work full time | 55 |
% 40 years of age or older | 36 |
Sources:
nationalmemo.com
Proponents of the current wage level benefit from the mistaken perception that most Americans who earn the lowest possible wages are part-timers; teenagers looking for pocket money. Data from the Economic Policy Institute show that 88% of those who earn minimum wage aren’t teenagers: A majority work full-time and earn at least half of their family’s income.
Would be neat to correlate how many minimum wage workers are pursuing any higher education, and any changes over time. That's where we need to focus: education as the key to lift adults out of poverty. I also think the minimum wage should be tied to the CPI, so it doesn't fall behind inflation, nor be a major contributing factor to national inflation.