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Home News Workforce

Workers Need At Least $14.50 An Hour To Sustain Living In The Most Affordable US County

Only 12 states have a minimum wage above $12.50 according to the Economic Policy Institute’s (EPI) Minimum Wage Tracker.

Aayat AlibyAayat Ali
March 22, 2022
in Workforce
Reading Time: 2 mins read
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Workers Need At Least 14 An Hour To Sustain Living In The Most Affordable US County

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A new report from anti-poverty advocacy group Oxfam America shows that one-third of the US workforce makes less than $15 per hour. 

Of these workers who make $31,200 per year, the vast majority are women and people of color. 

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“Women and people of color do much more than their fair share of low-wage jobs, and as wages lose value, it’s becoming a civil rights crisis in this country,” the group said. 

The report showed that women and people of color disproportionately comprise lower paid positions, with 25% of American men, 40% of women, 46% of Hispanic/Latinx, and 47% of Black workers making less than $15 an hour.  

When considering both gender and race, half of working women of color earns less than $15 per hour. 

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Of those earning less than $15 per hour, 89% of workers were above the age of 20, which negates the argument that lower wages exist for teenage workers. In fact, 57% of parents were part of the lowest-paid group. 

Inflation has led the cost of living to skyrocket and corporate profits to increase while wages have remained stagnant. Although there has been a slight uptick in wage growth, it is not growing at the same pace as inflation. 

Even as the fight for the federal minimum wage to grow to $15 an hour from $7.25, just 12 states have a minimum wage above $12.50 according to the Economic Policy Institute’s (EPI) Minimum Wage Tracker. 

As the cost of living continues to grow, the EPI says workers need to earn at least $14.50 an hour to afford the cost of living in the most affordable county in the country.

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Source: Fast Company
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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