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Researchers Examine Who Benefits From Higher Minumum Wage

Researchers Examine Who Benefits From Higher Minumum Wage

Photo: WINA

The University of Virginia’s Weldon Cooper Center has taken a look at who might benefit if President Obama manages to get a nationwide minimum wage of $10.10 per hour. The UVA researchers have a new Census Brief that shows 56% of America’s employees are hourly workers. One in four hourly workers are the sole bread-winners in a household, and support at least one other person. A significant number of low-wage workers are young adults who still live at home. Megan Juelfs-Swanson, who produced the report, says the proposed higher wage would give many people a secure financial foundation. The last increase in the minimum wage happened five years ago this month, and the current rate is $7.25 per hour.

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