Thursday, October 23rd, 2014

Fast Food Workers Fight For Increased Wages

Fast food workers have been agitating for a raise and some in Congress are pressing to increase the minimum wage. But what would the actual economic impact be of a boost for the Lowest paid workers? Critics have charged that raising the minimum wage would mostly help teenagers, but economists say that is largely a myth. David Cooper with the Economic Policy Institute looked at who would get a bump in pay if the hourly minimum went up to just over ten dollars, as one bill in Congress proposes. He found it would be mostly the working poor, including a large portion of single mothers.
Almost 600,000 Arizonans would see their pay increase if the federal minimum wage went up to $10.10 an hour.

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