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Reply to "Help me understand the impact of a $15 minimum wage? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]9:23 here. And , the value of minimum wage 50 years ago is not near the equivalent of $15 minimum wage. It was $1.60. Which is just about $10.00 in today's wages. And, few people make only minimum wage today. About half of those that do are teens. Many of the others are supplementing incomes for their families. Few are the sole wage earner in their families.[/quote] Half are not teens. The numbers have been shared many times in this thread.[b] Half of the workforce makes less than 15 an hour.[/b] 42 percent of that half, make the minimum. That’s not a small number of people. It’s a lot of adult women actually. [/quote] Incorrect. That is half of the hourly workers. Over 40% of workers are salaried. And, please note, $15 in West Virginia is quite different from $15 in NYC. I'm guessing that most people in NYC make more than $15.[/quote]
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