Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
How Many Hours You Have To Work To Live Off Minimum Wage
Posted
November 26, 2015
Views
223,093
Likes
3,638
Comments
2,461
Engagement
2.73%
November 26, 2015
223,093
3,638
2,461
2.73%
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5:05Now Playing“In two states in the country, minimum-wage earners have to work more than 100 hours a week to earn a decent living.
In Virginia and Hawaii, minimum-wage workers need to work 103.2 and 110.7 hours, respectively, to make a living wage, according to a report released Tuesday by Alliance for a Just Society, a coalition of progressive organizations focused on economic justice. The report, which defines a living wage as earning enough money to afford expenses like housing, utilities, child care as well as savings, found that overall Americans have to work 93.1 hours a week at the minimum wage to earn a living wage. Americans have to earn $16.97 on average to make a living wage, the report found. It also details the living wage in each state.
The gulf between the wage floor and what it takes to get by is so wide across the country in large part because the minimum wage hasn’t kept up with inflation over the past several years -- the federal minimum wage at $7.25 an hour is worth less than the 1968 minimum wage in today’s dollars -- while the cost of living continues to grow. Child care costs in particular have skyrocketed over the past few decades. And as more families turn to rental housing, demand for those units has shot up and brought prices soaring along with it.”
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