
www.Usenet.com
Group Index
Talk Thread Archive from Usenet.com
Re: Say NO NO NO to Wal-Mart!!!
- __From__: Jonathan Ball
- __Subject__: Re: Say NO NO NO to Wal-Mart!!!
- __Date__: Wed, 03 Dec 2003 21:10:45 -0600
Doug Kanter wrote:
"Jonathan Ball" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
People earning minimum wage don't generally have families.
Where did you hear that???
I presume the triple question mark is to indicate your
incredulity. This information is as much as 5 years
old, but the fundamental issue - who earns minimum
wage? - has not changed.
Here:
The Employment Policy Foundation has come up with some
enlightening statistics regarding minimum wage workers.
* Fewer than 20 percent of the 4.4 million minimum
wage earners live in poor families -- most of
them being young and unskilled.
* More than 40 percent of them live at home with
their parents.
* One-third are teens and more than half are under
the age of 25.
* Half of all minimum wage earners live in families
with incomes above $25,000 -- and nearly
one-fifth live in families with incomes over
$50,000.
Fewer than one million of those earning the minimum
live in working-poor families, which have one or more
parents working and are still below the poverty line.
Source: Peter Cleary, "Would Minimum-Wage Hike Help?"
Investor's Business Daily, November 9, 1999.
http://www.ncpa.org/hotlines/min/pd110999d.html
From the same source:
Congressional Democrats want to raise the minimum wage
yet again. The $1 increase they envision would raise
the rate to $6.15 an hour by 2000 -- an increase of
nearly 20 percent.
Proponents of the increase portray the minimum wage
worker as the head of a struggling family. But experts
say that is unlikely.
* Only 16 percent are the sole supporters of
others, according to the Employment Policies
Institute.
* Most minimum wage workers are teens or spouses of
other wage earners.
* In fact, the average family income for minimum
wage workers is $35,000.
* Studies have shown that each 10 percent increase
in the wage rate raises unemployment among
teenagers by 1 percent.
Employment Policies Institute data show that teens lost
128,000 jobs after the first 50-cent phase of the last
increase took effect in 1996. If not for the wage hike,
the economy would have added another 380,000 jobs.
Many studies show that these increases fall
particularly hard on those entering the work force, as
well as those whose skills are not sufficient to merit
or justify the higher rate of pay.
Source: Charles Oliver, "Democrats Back Another Move to
Increase the Minimum Wage," Investor's Business Daily,
April 14, 1998.
- Re: Say NO NO NO to Wal-Mart!!!, (continued)