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Almost all full-time workers (99.4%) are earning more than the minimum wage, and almost all full-time hourly workers (98.3%) are earning more than the minimum wage. Most importantly, the fact that more than three out of four teenagers (77.2%), who are the least skilled and least educated group of workers, earned more than the minimum wage in 2011 would suggest the minimum wage is mostly an entry-level wage for beginning workers with no skills. The reality of the labor market is that even a large majority of previously unskilled teenage workers are earning more than the minimum wage as soon as they acquire minimal jobs skills and work habits, and can demonstrate their value to employers.
If more than three-quarters of teenagers earn more than the minimum wage, then any hardworking adult certainly can, and it must be a false narrative that full-time workers “are stuck” in minimum wage jobs and trying to raise a family, but mired in a life of poverty. The real issue is that there are many unskilled workers who desperately need that first job that allows them to acquire the skills and experience that leads to higher wages as the teenage data demonstrate. But the minimum wage law prices many of those unskilled workers out of the labor market (especially minority populations), and they are denied the employment opportunities they desperately need (see cartoon above). The real tragedy isn’t that some full-time workers are initially earning $7.25 per hour and supposedly “living in poverty,” but that there are millions of unemployed Americans willing to work but are earning $0.00 per hour and living in poverty because of the minimum wage law.
Those numbers are fudged, becsuse they assume anuone making $7.35 an bour is above the minimum wage.
I can tell you from personal experience, and looking around for work, that most of the jobs in the country pay less than $10 an hour.
At $10 an hour , your lucky if your bringing home $8.50, take half that for gas, and now.....ya broke.
now you still have $500 minimum a month for rent, $100 a month for electricity, a minikum of $150 a week for food..... if there is gonna be a minimum wage at all, it at least needs to be worth having.
However, many making more than minimum wage make less than $9.00/hr.
and that was more like 5 paragraphs..
Before somebody mentions it, yes, I realize this is more than one paragraph, the title of the thread comes from here
Originally posted by DarKPenguiN
-Also need to add than many of these "minimum wage jobs:" no longer work people "FULL TIME"- most are cutting back to approx 29 hours per week . So your stats are for "FULL TIME" and the reality is that most people at the bottom are not working that much.
Originally posted by Aloysius the Gaul
If so few people earn the mimimum wage then there's no real reason not to raise it - it won't destroy the economy or put people out of work - problem solved!
Originally posted by sageofmonticello
reply to post by sligtlyskeptical
Your missing the point. Here it is:
The minimum wage is irrelevant to almost everyone(that point you got), so increasing it isn't a serious answer to people with low incomes, but it is harmful to people trying to break into the job market in the first place whom currently don't have any income.edit on 27-2-2013 by sageofmonticello because: (no reason given)
Originally posted by sageofmonticello
Originally posted by DarKPenguiN
-Also need to add than many of these "minimum wage jobs:" no longer work people "FULL TIME"- most are cutting back to approx 29 hours per week . So your stats are for "FULL TIME" and the reality is that most people at the bottom are not working that much.
I hear what you are saying and I understand that the statistics can be read different ways. Your reply is all pure speculation though. Do you have a reply that can verify your speculation? I have already mentioned several times that this is thread dealing with facts, not speculation. I appreciate your reply and I am not trying to be mean to people but I ask that you back it up with SOMETHING verifiable. Please.