Poverty, Prosperity, and the Minimum Wage
Poverty, Prosperity, and the Minimum Wage
Hurt, Avery Elizabeth
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Condition: New, UPC: 9781534508460, Publication Date: Sat, January 1, 2022, Type: Paperback ,
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0The US federal hourly minimum wage has been stuck at $7.25 for more than a decade, even though both inflation and productivity have risen steadily. Experts say an hourly wage of $24 is in keeping with inflation, although even a raise to $15 per hour would succeed in lifting nearly one million Americans out of poverty. Some states and cities have done just that, but a gridlocked Congress has prevented it from happening on the federal level. This resource asks the question: In one of the world's richest countries, why are so many workers unable to cover basic living expenses?
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