As inflation rises, affecting everything from grocery store products to the housing market, it is becoming increasingly difficult for thousands of workers across the United States to afford basic necessities. Over one million Americans currently work in jobs or careers that pay at or around the current minimum wage of $7.25 per hour and at least 52 million make less than $15 per hour. If so much of the United States population is affected by the minimum wage, then why isn't it higher? The truth is, the matter of raising the minimum wage is much more complicated than it appears.
To begin, it is important to understand exactly what the minimum wage is and who is affected by it. Around 53 million people in the United States make $15 per hour, earning only $31,200 per year, only if they work 40 hours a day and do not take any time off. The average American person needs $38,266 yearly to survive.
Over 50 million Americans alone cannot afford their rent and monthly expenses and people with children or other dependents have an even harder time. As a result, many have to work multiple jobs and children have to enter the workforce as early as 14 years old, creating an inescapable cycle. Adults with multiple jobs not only have little time for family or leisure, but zero time at all to gain an education or advance their position. Working teenagers from low-income families have to balance work and school and, as it is needed to survive, work typically takes...
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