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How many people in the United States still work for minimum wage?

♩♪♥Victoria♥♪♫ 2012/04/11 21:01:02
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  • Unknownlefty 2012/11/27 17:22:30
    Unknownlefty
    +6
    The argument that minimum wage is a driver of inflation is ridiculous! All one has to do is look at historical data to see that this is NOT the case. Minimum wage increases generally lag inflation, not precede it! A little over 4 years ago the minimum wage was increased by nearly 20%, while the CPI has remained pretty steady. Minimum wage in the state of Oregon is $1 more than the national minimum wage (14%), yet prices in Oregon are not 14% higher than other parts of the country!

    When it was first introduced, the minimum wage was the equivalent of $11/hr in today's terms, and was put into place to ensure that even the least among us could get a job at a living wage! A minimum wage worker makes about $15,000/yr! Ask yourself, could you live on that? What if you have to pay $100/wk for childcare just to be able to work?

    Increasing today's minimum wage to $11/hr would create a massive economic boom, as well as reducing reliance on food stamps and other forms of "welfare." Minimum wage workers spend nearly all of what they earn, so imagine the impact on the retail economy of this increase. Also, there would be an increase in taxable wages, putting more money into Medicare and Social Security, as well as more money into the General Fund.

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  • J W F PHD 2014/08/11 17:27:46
    J W F  PHD
    +2
    Your comments re inflation and minimum wage are inconsistent. I will attempt to rebut w/o being insulting as you were when you responded to Yuehan. You stated that inflation is a result of money supply. As you should know, that is only one small factor. If money supply was the only factor, then inflation would be going through the roof for the last six years. The amount of currency that has been thrown into the economy our fiat economy is at an all time high.
    The next argument that prices are based on resource availability and demand or free market even more inconsistent. If we are talking about a free market, the market would the wages. Would anyone say that China has a free market?
    Now, let,s look at the fact that we have the resources that are sent to China. The argument that China has an abundance of cheap labor really undercuts your theme. "They can have the low paying jobs."
    Have you considered the immediate effect circle caused by an increase in the min wage? US min wage jobs are lost. Small business goes out of business and only large business like Walmart can survive. Large corporation market share goes causing them to have increased profits.
    The people the min wage is supposed to help are the MOST INJURED.
  • Studied 2013/07/30 23:43:57
    Studied
    Latest stat I could find was this: "According to the Bureau of Labor Statistics, only 2.3 percent of hourly paid workers are paid at the minimum wage". Now you have to remember that many states have a minimum wage higher than the Federal wage. There are many pros and cons on raising the Federal wage and most all are good arguments.
  • Unknownlefty 2012/11/27 17:22:30
    Unknownlefty
    +6
    The argument that minimum wage is a driver of inflation is ridiculous! All one has to do is look at historical data to see that this is NOT the case. Minimum wage increases generally lag inflation, not precede it! A little over 4 years ago the minimum wage was increased by nearly 20%, while the CPI has remained pretty steady. Minimum wage in the state of Oregon is $1 more than the national minimum wage (14%), yet prices in Oregon are not 14% higher than other parts of the country!

    When it was first introduced, the minimum wage was the equivalent of $11/hr in today's terms, and was put into place to ensure that even the least among us could get a job at a living wage! A minimum wage worker makes about $15,000/yr! Ask yourself, could you live on that? What if you have to pay $100/wk for childcare just to be able to work?

    Increasing today's minimum wage to $11/hr would create a massive economic boom, as well as reducing reliance on food stamps and other forms of "welfare." Minimum wage workers spend nearly all of what they earn, so imagine the impact on the retail economy of this increase. Also, there would be an increase in taxable wages, putting more money into Medicare and Social Security, as well as more money into the General Fund.
  • Yuehan 2012/08/01 09:52:12
    Yuehan
    +2
    Not totally eliminated but could start with cutting it in half. $7.25 plus the 15% fed tax is $8.34 plus about 50% for a benefit package Real employer cost closer to $12,50/hr not bad money really !!
    Minimum wage causes,
    higher unemployment. Why hire someone I'll do it myself for that cost.
    The main cause of inflation !
    Makes recycling unfeasible ! America ships garbage to China to be recycled and they make a profit on it !
    China products are not to cheap, American product are too expensive !! due to min. wage !!
  • Chad Ka... Yuehan 2013/02/13 03:36:49
    Chad Kahunahana
    +3
    Everything in your statement is ignorant. Minimum wage has zero impact on inflation. you obviously have a very limited understanding of economics. Inflation is a function of the money supply, minimum wage does not change the money supply.

    The major reason we ship recycling to China is not because of minimum wage. It is because of the trade deficit. Things are made in China and shipped here. Shipping containers arrive full of products and return empty. Instead of sending them back empty we can send them full of recycling at almost zero costs, where they can re-use (or not) the materials to manufacturer more stuff.

    American products are not too expensive and Chinese products are not too cheap they are priced based on resource availability and demand. In other words, according to the market. America simply does not have the human resources that China has and never will. Minimum wage has nothing to do with it. For example, one Foxconn factory employees over one million people, that could never happen in America even if minimum wage was zero. And, we shouldn't want it to. They can have the low paying jobs.

    Furthermore, corporate profits are at all time highs. There is plenty of money to be shared, the problem is that corporations are not sharing it. If you want to jumpstart the Ame...

    Everything in your statement is ignorant. Minimum wage has zero impact on inflation. you obviously have a very limited understanding of economics. Inflation is a function of the money supply, minimum wage does not change the money supply.

    The major reason we ship recycling to China is not because of minimum wage. It is because of the trade deficit. Things are made in China and shipped here. Shipping containers arrive full of products and return empty. Instead of sending them back empty we can send them full of recycling at almost zero costs, where they can re-use (or not) the materials to manufacturer more stuff.

    American products are not too expensive and Chinese products are not too cheap they are priced based on resource availability and demand. In other words, according to the market. America simply does not have the human resources that China has and never will. Minimum wage has nothing to do with it. For example, one Foxconn factory employees over one million people, that could never happen in America even if minimum wage was zero. And, we shouldn't want it to. They can have the low paying jobs.

    Furthermore, corporate profits are at all time highs. There is plenty of money to be shared, the problem is that corporations are not sharing it. If you want to jumpstart the American economy, pay your workers more money.

    With that said, a $1.15 increase for 2% of the population will not move the needle or cause the sky to fall, so stop waving your hands in the air and screaming. Geesh!
    (more)
  • bob 2012/04/11 22:50:11 (edited)
    bob
    +1
    should be eliminated altogether
  • YouSirName 2012/04/11 22:14:08
    YouSirName
    +1
    The federal minimum wage for covered nonexempt employees is $7.25 per hour effective July 24, 2009.

    From Bureau of Labor Statistics: "In 2010, 72.9 million American workers age 16 and over were paid at hourly rates, representing 58.8 percent of all wage and salary workers. Among those paid by the hour, 1.8 million earned exactly the prevailing Federal minimum wage of $7.25 per hour. About 2.5 million had wages below the minimum. Together, these 4.4 million workers with wages at or below the Federal minimum made up 6.0 percent of all hourly-paid workers."

    Coudln't find anything more recent.
  • ♩♪♥Vict... YouSirName 2012/04/11 22:15:17
    ♩♪♥Victoria♥♪♫
    ty :3
  • YouSirName 2012/04/11 22:06:59
    YouSirName
    +2
    Well, the GOP would fix this...

    by eliminating the minimum wage. I mean, Walmart and McDonalds just aren't profitable enough.
  • Rusty Bubbles 2012/04/11 21:39:35 (edited)
    Rusty Bubbles
    Whatever the number may be, I'll bet the majority are in one of the three groups listed below



    The young

    The retired

    The uneducated
  • Sport_Geoff 2012/04/11 21:13:52
    Sport_Geoff
    +1
    Too many...some of it is because of greed in which employers don't want to give up profits. Some of it is because the job and the product just can't generate more than minimum wage pay. Some of it is because so many people are out of work and hurting that employers can get "cheap labor".

    Of course I also believe that a Part B to this question should be how many workers don't even have a high school diploma or GED and are lacking in basic math and reading skills?...Once again, the answer is Too many.
  • 2789847 2012/04/11 21:05:55
  • Theresa 2012/04/11 21:04:11
    Theresa
    +2
    I do. It was the only job I could find.
  • NCIS Addict 2012/04/11 21:02:47
    NCIS Addict
    +1
    I give up, how many?
  • ♩♪♥Vict... NCIS Ad... 2012/04/11 21:03:34
    ♩♪♥Victoria♥♪♫
    +1
    lol it's not a joke, i just wanna know x) hahah
  • POWERSHAKER 2012/04/11 21:01:49

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