2d ago

The federal minimum wage is officially a poverty wage in 2025

www.epi.org

In 2025, the federal minimum wage is officially a “poverty wage.” The annual earnings of a single adult working full-time, year-round at $7.25 an hour now fall below the poverty threshold of $15,650 (established by the Department of Health and Human Services guidelines). The limitations of how the federal government calculates poverty understate how far the minimum wage is from economic security for workers and their families.

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return2ozma @lemmy.world

21h ago

The federal minimum wage is officially a poverty wage in 2025

www.epi.org /blog/the-federal-minimum-wage-is-officially-a-poverty-wage-in-2025/

98 comments

That’s been a poverty wage for at least 15 years.
- Yeah, the “$15 minimum wage” conversation has been going on for so long that the actual number adjusted for inflation would be well into the mid $20 range. IIRC, it would currently land somewhere around $24.75 per hour.
  And if the idea of a $24.75 minimum wage makes you balk, maybe you should consider how little you’re being paid for the work you do, when compared to what the minimum wage used to cover. It used to cover enough for a single full time worker to afford housing, utilities, food, and a car. If you’re struggling to do that and you’re making in the mid $20’s, then congrats you know how it felt to be paid minimum wage when it was introduced.
  
  Kill all rich people.