Thursday, March 27, 2014

The Economy - Wages

40% of all jobs in the U.S. pay $15 or less. That is staggering. I was aware that there are many low paying jobs in the U.S. but I was not aware that there were so many. No wonder people are struggling. How do you pay the rent, food, utilities, car insurance, gas, maintenance, and now health insurance on $15 an hour or less? Is the solution raising the minimum wage? No because it's still less than $15 an hour. What we need to have happen is that there be an increase in jobs that pay significantly higher than $20. We also need the means for people to become skilled enough to get those jobs without becoming debt slaves for life.

What do you think?

http://www.mybudget360.com/low-wage-work-ceo-pay-to-average-worker/