Minimum wage is the lowest wage allowed by law. According to the United States Department of Labor, least wage has been around since 1938. Yet, small town business pay minimum wage. Moreover, Minimumwage.org testifies that the Louisiana minimum wage for 2014 is 7.25 an hour. Most businesses allow their employees to make a largest amount of forty hours a week. Therefore, an individual’s income for a week before taxes is 290 dollars and 1,160 dollars a month. Sounds like a lot of money, until bills and groceries start to pile up. The average household size is roughly 2.59, states Census.gov. A family of three could not live off only 800 a month after taxes. Although some agree that the minimum wage is suitable, the minimum wage standard is the reason for poverty in American and it needs to raise.
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Mostly due to families are relying on small business jobs and receiving the least wage standard. According to wed.Staford.edu, poverty is now at 21.8% as of 2012. Likewise, this means that most families are not receiving the adequate amount of income to offer for the family. However, if one cannot make the adequate amount of income, he or she is now relying on government help. Of course, each year the cost of living rises. For an individual living on minimum wage, his or her annual income is 15,000. According to CNN’s cost of living calculator, the cost of living in New Orléans on minimum wage is very hard. Yet, one’s necessities take about 40% of the income. That means 6,000 yearly goes to groceries, transportation, housing, utilities, and health care. This is hard for three people to live on because this is per person. Health insurance for one costs almost 6,000 yearly. This is why minimum wage needs to
Mostly due to families are relying on small business jobs and receiving the least wage standard. According to wed.Staford.edu, poverty is now at 21.8% as of 2012. Likewise, this means that most families are not receiving the adequate amount of income to offer for the family. However, if one cannot make the adequate amount of income, he or she is now relying on government help. Of course, each year the cost of living rises. For an individual living on minimum wage, his or her annual income is 15,000. According to CNN’s cost of living calculator, the cost of living in New Orléans on minimum wage is very hard. Yet, one’s necessities take about 40% of the income. That means 6,000 yearly goes to groceries, transportation, housing, utilities, and health care. This is hard for three people to live on because this is per person. Health insurance for one costs almost 6,000 yearly. This is why minimum wage needs to