Minimum Wage Hike May Have Little Impact on Workers
According to an Associated Press article on Courant.com, the proposed minimum wage hike to $7.25 would have little impact on workers. Although this is the first raise minimum-wage workers would have since 1997 when it was increased to $5.15, some workers comment that the increase will do little to raise them out of poverty because the costs of housing and transportation have continued to grow quicker than their pay.
According to the Economic Policy Institute, the decision to increase minimum wage would affect an estimated 6.5 million workers or 4 percent of the workforce — janitors, wait staff, security guards, cashiers and store clerks.
Workers comment that the raise would be welcomed, but it would do little to get them out of poverty.
According to the article, "twenty-eight states and the District of Columbia will have 2007 minimum wages above the federal level. The highest minimum wage in the nation is Washington state's $7.63 an hour, set to rise to $7.94 on Jan. 1. A minimum wage worker working full time there would make $16,515 a year before taxes. The federal poverty threshold for a family of three is $16,600."
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