Characteristics Of Minimum Wage – 2012

Minimum Wage

There conversation surrounding the minimum wage continues.  Some facts:

  •  59% of all salary/wage earners are paid in hourly rates – 75.3 million workers.
  • 1.6 million earn exactly the minimum wage.
  • 2.0 million earn less than the federal minimum.
  • These totals represent 4.7% of all hourly paid workers.

All the debate and all the protest  over 4.7% hourly employees – less if you consider the fact that the 2 million earning less than the federal minimum actually earn significantly more than the minimum wage.

 

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