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Living Wage

 Living Wage
by Michael Greenwood

There is a lot of talk in Washington D.C. and elsewhere these days about increasing the Federal minimal wage to $15.00 from $7.25 which was set in 2009.  Today, inflation has made that 2009 dollar worth 72 cents.

Many states have already increased their minimum hourly wage.  Is your state one of them?To learn if it is follow this link, https://www.dol.gov/agencies/whd/minimum-wage  or  https://www.epi.org/publication/labor-day-2019-minimum-wage

Even if your state does exceed the current minimum hourly wage of $7.25 an hour, is it enough to meet the cost of living where you reside?  To learn if it is, follow this link https://livingwage.mit.edu\

So when we talk about an hourly wage of $15.00 remember it still is not a living wage for most folks in the United Sates.

 

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