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Home Publications Blogs CEPR Blog Three New Briefs Confirm It: The Minimum Wage is Way Too Low

Three New Briefs Confirm It: The Minimum Wage is Way Too Low

Written by CEPR   
Thursday, 05 April 2012 13:45

Click here for a list of all of our most recent research, including these three issue briefs on the minimum wage.

Tags: age | education | health care | minimum wage

Comments (2)Add Comment
2080 hours is full time
written by Quercki, April 09, 2012 12:47
For a little perspective, 40 hours a week times 52 weeks is 2080 hours. So a college education takes half your money before taxes, FICA and other deductions. Health insurance takes ALL of your money.
Minimum Wage
written by Shanon Brown, April 14, 2012 9:35
The current value of the federal minimum wage – $7.25 per hour – is often compared to the cost of living, the average wage in the economy, or the productivity of the average worker. By all of these benchmarks, the current federal minimum is well below its historical levels. But the current minimum wage looks even worse when compared to two kinds of purchases strongly associated with a middle-class standard of living or the ability to move up to the middle class: Senior care cost,health insurance and a college degree.

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