A $15 per hour minimum wage is $31,500 per year based on a 40 week. As you can see from reviewing the chart, the average wage for all age groups is above $33,000 .
ObamaCare has institutionalized a 30 our work week. Working less than 30 hours means a worker is not entitled to employer shared health care costs. Its the (new) law.
Only 6 million folks work at current minimum age ($7.25 per hour, Federal). In the 1970's , the minimum wage was a nominal $2,78 per hours. 15.5 million folks worked at minimum wage at that time. Liberals argue that raising the minimum wage does not effect employment, but the facts say otherwise. There are 9 million fewer people working at the minimum and rising wages are the fault leading to this circumstance.
One final note: the chart shows full-time worker annual salaries. Many minimum wage earners work part-time. While $15 per hour is equal to $31,500 per year for a full time wage earner. The youngest worker class, does not work full-time, as a rule.
One final note: the chart shows full-time worker annual salaries. Many minimum wage earners work part-time. While $15 per hour is equal to $31,500 per year for a full time wage earner. The youngest worker class, does not work full-time, as a rule.
Source: http://www.advisorperspectives.com/dshort/updates/Household-Incomes-by-Age-Brackets.php
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