Working for a Living… or Not
Just how much constitutes a living wage? Minimum wage certainly doesn't cut it. Since 2009, the federal minimum wage has stood at $7.25 an hour - though some states pay less and a few paid more. But if you were paid the federal minimum and were lucky enough to get 40 hours of work a week, you'd gross a whopping $290 for that week's work... and if you never took a day off, you'd gross an annual income of $15,080. For a family of two, that qualifies you as earning less than the federal poverty limit. In a nutshell, corporations [...]