Monday, March 17, 2014

Low wage workers and raising the minimum wage

In 2013, CitySquare worked alongside over 50,000 different individuals.  The vast majority of these neighbors, who worked, earned less that the amount needed to make life work--or as we say, "make ends meet."

A large part of the challenge relates to wage levels.  Unskilled workers must settle for minimum wage pay ($7.25 an hour).  That's just not enough.

Currently, a national discussion is underway again about the pros and cons of raising the national minimum wage to $10.15 an hour.  That would help lift a large number of "sinking ships."

Of course, whenever the issue of increasing the minimum wage standard comes up, critics emerge warning that raising the wage level would force people out of employment, curtail job creation and hurt business, especially small businesses.  In spite of the fact that every serious study over the years debunks and discredits these notions, the argument persists.

The experience of Washington State and of Seattle provides a refreshing backdrop for understanding the economic impact associated with raising the minimum wage.

Check this out!

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