Tag Archives: Minimum wage

Means nothing, move along

Our last – and best ever – Mayor is busy on Facebook today and found this. Thanks, Ed!

And that has nothing at all to do with why so many working people in the US get food and health care assistance. Nothing at all.

Atrios proves again that a few well chosen words work just as well

There’s a wee flaw in designing an economy which requires people to spend a huge amount of money to purchase and maintain a giant metal box in order to be able to drive to minimum wage jobs.

Yup.

Everything’s bigger in Texas (except the salaries)

POSTED BY ORHAN

Former U.S. Labor Secretary Robert Reich analyzes data from the US Bureau of Labor Statistics on Texas job growth:

While Texas leads the nation in job growth, a majority of Texas’s workforce is paid hourly wages rather than salaries. And the median hourly wage there was $11.20, compared to the national median of $12.50 an hour.

Texas has also been specializing in minimum-wage jobs. From 2007 to 2010, the number of minimum wage workers there rose from 221,000 to 550,000 – that’s an increase of nearly 150 percent. And 9.5 percent of Texas workers earn the minimum wage or below – compared to about 6 percent for the rest of the nation, according to the Bureau of Labor Statistics. The state also has the highest percentage of workers without health insurance.

He concludes:

…how can lower incomes possibly be an answer to America’s economic problem? Lower incomes mean less overall demand for goods and services — which translates into even fewer jobs and even lower wages.

Good question.