healthmyths
Platinum Member
- Sep 19, 2011
- 29,029
- 10,519
it is necessary if it destroys probably 1 million of these kids under 24 jobs?
In 2011, 73.9 million American workers age 16 and over were paid at hourly rates, representing 59.1 percent of all wage and salary workers.
Among those paid by the hour, 1.7 million earned exactly the prevailing Federal minimum wage of $7.25 per hour.
About 2.2 million had wages below the minimum.
Together, these 3.8 million workers with wages at or below the Federal minimum made up 5.2 percent of all hourly-paid workers.
Characteristics of Minimum Wage Workers: 2011
Of the above chart from the US Census Bureau,
of the 3.8 million nearly 2 million are under 24 years old.
How many of those 24 year olds probably still live at home or have a 2nd job?
Where has the ability of the common person to understand simple economics?
Destroying 1 million jobs to raise the minimum wage for over 60% of the people that have little or no living expenses, i.e. live at home, get their meals, shelter provided by their parents!
In 2011, 73.9 million American workers age 16 and over were paid at hourly rates, representing 59.1 percent of all wage and salary workers.
Among those paid by the hour, 1.7 million earned exactly the prevailing Federal minimum wage of $7.25 per hour.
About 2.2 million had wages below the minimum.
Together, these 3.8 million workers with wages at or below the Federal minimum made up 5.2 percent of all hourly-paid workers.
Characteristics of Minimum Wage Workers: 2011
Of the above chart from the US Census Bureau,
of the 3.8 million nearly 2 million are under 24 years old.
How many of those 24 year olds probably still live at home or have a 2nd job?
Where has the ability of the common person to understand simple economics?
Destroying 1 million jobs to raise the minimum wage for over 60% of the people that have little or no living expenses, i.e. live at home, get their meals, shelter provided by their parents!