“The basic bargain of America is that no matter who you are, where you come from or what you look like, if you work hard & play by the rules, you can make it, ” says U.S. Department of Labor Secretary Tom Perez on the agency’s 2014 Labor Day website.
But for working families earning minimum wage, that’s just not true.
As the Alliance for a Just Society reported this week in Families Out of Balance, low-income workers are saddled with debt, and are earning wages well below a living wage. A living wage allows workers to provide for their family’s basic needs, as well as have some money for savings and miscellaneous expenses like clothing.
In seven out of the 10 states studied, the state minimum wage provides less than half of the living wage for a single adult. In all 10 states, the minimum wage provides less than one-third of a living wage for a single adult with two children. Read more