Who makes minimum wage?

[Corruptbuddha]

Maybe not who you think.

http://www.heritage.org/research/re...um-wage-suburban-teenagers-not-single-parents

"Data from the Bureau of Labor Statistics and the Census Bureau show that most minimum-wage earners are young, part-time workers and that relatively few of them live below the poverty line. Their average family income is over $53,000 a year. A hike in the minimum wage primarily raises pay for suburban teenagers, not the working poor. If Congress and the President seriously want to help the working poor, they should look elsewhere."

The characteristics of the teenagers and young adults who earn the minimum wage or less support the notion that these minimum-wage workers rarely work to support children and their families:

• 79 percent work part-time jobs.
• 62 percent are enrolled in school during non-summer months.
• Their average family income is $65,900 per year.
• Only 22 percent live at or below the poverty line, while 68 percent enjoy family incomes over 150 percent of the poverty line, which is $33,500 for a family of four.[6]
• Most have not finished their education. A third have not yet finished high school, while almost a quarter have only a high school degree. Another two-fifths have taken college courses but have not yet graduated. Many of these are college students working part-time while in school. Only 3 percent have finished college and obtained a degree.
• Fully 60 percent are women.
• Only 5 percent are married.

And. please, look at this chart:

Get that? 67% of people below the poverty line DID NOT WORK AT ALL.

And finally:

Many support raising the minimum wage because they want to help low-income Americans get ahead, but minimum-wage earners are not much more likely to live in poverty than are most other Americans: Less than one in four live in a family with earnings below the poverty line. Two-thirds work part-time, and most are between 16 and 24 years old. Minimum-wage earners’ average family income exceeds $50,000 a year, and very few are single parents working full-time to support their families—fewer than in the population as a whole.

Most of the benefits from raising the minimum wage will go to families who are well above poverty. These benefits will come at the cost of reducing the availability of entry-level jobs. Employers respond to higher labor costs by hiring fewer workers. Higher minimum wages eliminate entry-level positions that provide unskilled employees the opportunity to gain experience. Less experience makes it harder for workers to become more productive and earn higher wages.

 

[connieb]

Maybe not who you think.

http://www.heritage.org/research/re...um-wage-suburban-teenagers-not-single-parents







And. please, look at this chart:

Get that? 67% of people below the poverty line DID NOT WORK AT ALL.

And finally:

A few weeks ago someone posted about the real reason that the minimum wage is being pushed is because that generates increases in the rate due union workers.

I was skeptical of this... but I have a few clients who are union contractors. One of them is in the middle of a financial statement audit, so I have to review all their contracts and of course a big one is their CBA. So, in reading that lo and behold.... it include a provision that an increase in the minimum wage - automatically created a increase in union wages.

I don't know if that is the case at all unions, but it certainly gave creedence to that story. Becasue - from the above info - there seems to be little to no benefit to raising the minimum wage for the working poor. There has to be some other motive.

 

[NightSwimmer]

Who makes minimum wage?

Probably a bunch of low-life scalawags who don't even deserve $5.00 an hour!

That's who!

Wake up Amurrca!!!