Minimum Wage Workers Essay

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Who are these workers that makes minimum wage? According to the official Bureau of Labor Statistics 3.3 million are making at or below the federal minimum wage of $7.25. Among 3.3 are split into two main categories. The first category is those who are making the exact federal minimum wage which accounts for 1.5 million workers. The second category is those who are making below the federal minimum wage which accounts for 1.8 million workers. The second category includes tipped workers, full time students, and disabled workers. Majority of which are tipped workers and regardless of how much tips they received, they will at least make the federal minimum wage. About 50 percent of the minimum wage earners are under the age of 25; 20 percent …show more content…
The data on the previous paragraph was sourced from the official BLS, also known as Bureau of Labor Statistics. Many people when debating on the topic of minimum wage would use BLS as a source. The Economic Policy Institute, or EPI, found that many people assume the federal minimum wage is mostly made up of teenagers because of the data from BLS. Economic Policy Institute, or EPI, claims that the BLS data “do not provide an accurate picture of who would see a raise if minimum wage were to increase.” This is because of the exclusion of all those who earn more than the federal minimum wage of $7.25/hour, but below the proposed minimum of around $10.10. Nor does the BLS data includes those would potentially see a raise in accordance to the wage ladders, if minimum wage were to be increased. EPI research claims that if there was an increase in minimum wage, it would benefit 88 percent of workers who are at least 20 years old. 55 percent of who are full time workers, 44 percent who has at least some college experience, and with the average age of 35 years old (Cooper and Dan, par1). Another research by EPI predicts that if minimum wage were to be increased to $10.10 by 2015, about 16.4% or 21.3 million US workers would be directly affected by this change. The economy is made up of many changing variables; one of many includes the federal minimum wage (Desilver, par 8). Therefore let’s not assume that those who earn at or below

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