https://padlet.com/ajhowell20/lpw9ayere960 en-us 2017-05-25 02:38:38 UTC 2026-02-26 08:15:21 UTC hello@padlet.com ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173748240 http://minimum-wage.procon.org/]]> 2017-05-25 02:40:37 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173748240 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173748333  Economists from the Federal Reserve Bank of Chicago predicted that a $1.75 rise in the federal minimum wage would increase aggregate household spending by $48 billion the following year, [2] thus boosting GDP and leading to job growth.]]> 2017-05-25 02:41:28 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173748333 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173748392 A person working full time at the federal minimum wage of $7.25 per hour earns $15,080 in a year, which is 20% higher than the 2015 federal poverty level of $12,331 for a one-person household under 65 years of age but 8% below the 2015 federal poverty level of $16,337 for a single-parent family with a child under 18 years of age]]> 2017-05-25 02:42:04 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173748392 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173748545 The Economic Policy Institute determined that by increasing the minimum wage to $10.10, more than 1.7 million Americans would no longer be dependent on government assistance programs. They report the increase would shave $7.6 billion off annual government spending on income-support programs. [10] ]]> 2017-05-25 02:43:26 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173748545 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173748794  In a time when the median income for women is 78% of the national median income, and African Americans and Hispanics make 67% and 79% of the median income respectively, increasing the minimum wage is necessary to create a more equitable income distribution for disadvantaged groups]]> 2017-05-25 02:45:53 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173748794 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173749026 University of California at Berkeley study found "striking evidence that... turnover rates for teens and restaurant workers fall substantially following a minimum wage increase," declining by about 2% for a 10% increase in the minimum wage. [32] A 2014 survey found that 53% of small business owners believed that "with a higher minimum wage, businesses would benefit from lower employee turnover and increased productivity and customer satisfaction."]]> 2017-05-25 02:48:19 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173749026 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173749322 According to a 2015 report from the National Low Income Housing Coalition, a worker must earn at least $15.50 an hour (over twice the federal minimum wage) to be able to afford to rent a "modest" one-bedroom apartment, and $19.35 for a two-bedroom unit (more than 2.5 times the minimum wage).]]> 2017-05-25 02:51:28 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173749322 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173749371 According to a 2013 poll by Oxfam America, 66% of US workers earning less than $10 an hour report that they "just meet" or "don't even have enough to meet" their basic living expenses.]]> 2017-05-25 02:52:00 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173749371 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173749560 The study found that those earning a higher minimum wage would have enough to eat, be more likely to exercise, less likely to smoke, suffer from fewer emotional and psychological problems, and even prevent 389 premature deaths a year.]]> 2017-05-25 02:53:55 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173749560 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173749590  A 2014 study found that raising the Californian minimum wage to $13 an hour would increase the incomes of 7.5 million families, meaning fewer would live in poverty. Teens who live in poverty are twice as likely to miss three or more days of school per month compared to those who do not; thus raising the minimum wage and lifting families out of poverty would mean children would miss fewer school days.]]> 2017-05-25 02:54:25 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173749590 ajhowell20 https://padlet.com/ajhowell20/lpw9ayere960/wish/173749795  According to an Apr. 2016 study by the Executive Office of the President's Council of Economic Advisors, "higher wages for low-income individuals reduce crime by providing viable and sustainable employment… raising the minimum wage to $12 by 2020 would result in a 3 to 5 percent crime decrease (250,000 to 540,000 crimes) and a societal benefit of $8 to $17 billion dollars." [179] A 2013 study found that living wage ordinances "lead to modest reductions in expected robbery, burglary, larceny, and MVT [motor vehicle theft] rates."]]> 2017-05-25 02:56:52 UTC https://padlet.com/ajhowell20/lpw9ayere960/wish/173749795