Friday, June 30, 2017

You can't afford a place to live on the federal minimum wage

The federal minimum wage has been at $7.25 since 2009.  Until 1980, regular increases were implemented.

This map speaks for itself.

 Need a two-bedroom apartment?  Don't earn a livable wage?  Fuggedaboutit!

Related reading:
Seattle’s Minimum Wage Hike May Have Gone Too Far.  (FiveThirtyEight, 6/28/2017))
In January 2016, Seattle’s minimum wage jumped from $11 an hour to $13 for large employers, the second big increase in less than a year. New research released Monday by a team of economists at the University of Washington suggests the wage hike may have come at a significant cost: The increase led to steep declines in employment for low-wage workers, and a drop in hours for those who kept their jobs.

Meet one of the author's of the study.  Is there, by any chance, the possibility of an inherent bias here?

Photo credit:  Manhattan Institute

As the FiveThirtyEight notes, 
Recently, however, the minimum-wage movement has faced backlash from conservatives, with legislatures in some states moving to block cities from increasing their local minimums.

Other minimum wage posts:
Raising the minimum wage is a bipartisan issue.  (3/10/2017)
Former U.S. Senator Alan K. Simpson isn't singing with the current Republican chorus.  (11/9/2015)
Scott Walker sez the minimum wage is 'lame' because the Koch Brothers bible tells him so.  (7/14/2015)
And many of us feel that Scott Walker serves no purpose.  (10/15/2014)
Forbes bangs on the drum all day, all week, all month, all year....... (8/22/2014)
Reporting the economic news like there's still an abundance of good-paying union jobs out there.  (8/14/2014)
Seattle's minimum wage:  It's complicated.  (6/29/2014)
What happened the last time a minimum wage bill was introduced in the Wisconsin state legislature.  (6/27/2014)
 UW-Milwaukee survey:  76% of respondents support raising the minimum wage.  (6/25/2014)
Wisconsin's $7.25 minimum wage: "Minimum comfort" indeed! (6/24/2014)
U.S. minimum wage since 1960.  (6/24/2014)
Support for minimum wage hike grows.  (6/21/2014)
More evidence that Scott Walker and the Republican state legislature is increasingly out of touch with the people they serve.  (5/28/2014)
Earning minimum wage and looking for a place to live? Check the "Dumps" listings! (4/25/2014
Scraping by on $83.65 an hour.  (3/17/2014)
Minnesota legislature looks to boost minimum wage from $6.15 to $9.50 per hour.  (3/4/2014)
The minimum wage:  It's not the same all over.  (2/18/2014)
A border debate on the minimum wage.  (2/16/2014)
The MacIver Institute's Pavlovian response to an increase in the minimum wage. (1/10/2014)
The view from the other side of the counter.  (11/29/2013)
The minimum wage and the poverty guideline.  (11/20/2013)
Most of us don't buy into U.S. Chamber of Commerce handwringing over minimum wage.  (11/1/2013)
A look at the minimum wage.  (9/28/2013)

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