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Home News Workforce

Pay Has Soared For The Lowest-Wage Workers

Although income has increased for low wage workers, it still isn't enough to live on.

Emma AscottbyEmma Ascott
March 24, 2023
in Workforce
Reading Time: 1 min read
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Pay Has Soared For The Lowest-Wage Workers

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What’s going on:  

The Economic Policy Institute’s analysis released on Thursday morning showcased that, even with inflation taken into consideration, wages for low-income workers in the United States experienced a rapid surge between 2019 and 2022.  

Why it matters:  

This was made possible by the tightened job market and disruption due to the pandemic, resulting in employees on the lower end of the pay scale having greater power in negotiations with their employers. 

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As the labor market recovered, those affected by job losses were able to use the government-provided financial aid as a crutch, which put them in a stronger position to find new job opportunities, according to Axios.  

How it’ll impact the future:  

Still, these workers are not making much money. 

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By 2022, the bottom 10% of workers were paid an hourly wage of only $12.57 — not enough to maintain an adequate standard of living anywhere in America. 

Source: Axios
Tags: Work-lifeWorkforce
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Emma Ascott

Emma Ascott

Emma Ascott is a contributing writer for Allwork.Space based in Phoenix, Arizona. She graduated from Walter Cronkite at Arizona State University with a bachelor’s degree in journalism and mass communication in 2021. Emma has written about a multitude of topics, such as the future of work, politics, social justice, money, tech, government meetings, breaking news and healthcare.

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