At a time when the prices of groceries, gas and other essentials have soared to new heights, nearly one-third of U.S workers earn “poverty-level wages” of less than $15 an hour.
That’s according to a new data analysis from the global poverty charity Oxfam, which found that 51.9 million U.S. workers make less than $15 an hour, or $31,200 a year.
Single parents have it particularly tough: More than half make less than $15 an hour. Despite the stereotype of younger workers earning low wages, most of those earning less than $15 an hour are not teenagers — 89% are at least 20 years old. Instituting a universal minimum wage and increasing it to $15 an hour would “lift millions out of poverty and benefit the U.S. economy,” Oxfam said, urging lawmakers to pass the 2021 Raise the Wage Act, which would raise the federal minimum wage to $15 an hour over five years.
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