In most states, working full-time in a minimum-wage job pays $7.25 per hour. That’s just $15,000 a year for full-time work. It’s not enough to live on. In fact, a breadwinner for a family of four earning the minimum wage would be a full $7,000 below the federal poverty line.
It’s been three years since Congress last took action to nudge the minimum wage closer to covering the cost of living. Meanwhile, our politicians in Congress get an automatic raise every year, and CEO pay is skyrocketing.
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