Thursday, April 11, 2013

Equal Pay Day: Raising minimum wage will help women ? and the economy

Women ? and their families ? are disproportionately affected by the low US minimum wage.?Equal Pay Day serves as a stark reminder of that reality.?Raising the minimum wage would boost the economy, and it would help close the gender wage gap.

By Emily Martin, Arjun Sethi / April 9, 2013

Jennifer Diagostino, executive director of the Coalition for Economic Justice, CWA Local 1122 vice president, John Mudie, center, and president, Jim Wagner, right, participate in a rally in Buffalo, N.Y., Feb. 25, to call for a raise in the state's minimum wage. Op-ed contributors Emily Martin and Arjun Sethi say 'America's workers are shouldering more but receiving less.'

Derek Gee/The Buffalo News/AP

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For more than three decades, Amie Crawford was a successful interior designer, transforming residential and commercial spaces in Washington, D.C. and North Carolina. Her team was even shortlisted to renovate the Pentagon.

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In 2011, she moved to Chicago to be close to her family. For months, she scoured job postings, attended job fairs, and sent out dozens of resumes. The recession, however, proved insurmountable. The 56-year-old had to settle for a restaurant job at $8.25 an hour, the minimum wage in Illinois. Fourteen months later, Ms. Crawford is barely getting by. She draws on her retirement savings daily and receives $150 in food stamps monthly.?

Crawford isn?t alone. Millions of Americans make the federal minimum wage of $7.25 an hour, don't have any savings, and have to support a family, to boot. They toil tirelessly for a wage entirely divorced from living costs in today's economy.

America's workers are shouldering more but receiving less. A full-time minimum wage employee earns $14,500 a year, roughly $4,000 below the poverty line for a single mother with two children. If the minimum wage had kept pace with inflation since 1968, it would now be almost $10.60 an hour. If it had kept pace with increases in employee productivity, it would now be $22.00 an hour.

Countless workers are harmed by these low wages, women especially. Today, Equal Pay Day, serves as a stark reminder of that reality. April 9, 2013 marks how far into 2013 a woman must work to match what a man earned in 2012. Women represent nearly two-thirds of all minimum wage workers and are a large majority of workers in the 10 largest occupations typically paying less than $10 an hour: They constitute 88 percent of home health-care professionals, 88 percent of maids and housekeepers, and 94 percent of childcare workers. They also represent about two-thirds of tipped workers ? and the tipped minimum cash wage of $2.13 per hour hasn?t been raised for more than 20 years.

Raising the minimum wage wouldn?t just help these women make ends meet; it would also help close the gender wage gap. In 2011, women working full time, year round were paid only 77 cents for every dollar paid to men. The wage gap was even larger for women of color: Black women working full time, year round made only 64 cents, and Hispanic women only 55 cents, for every dollar paid to white, non-Hispanic men.?

Of course, multiple factors contribute to the wage gap, including pay discrimination, family caregiving obligations that constrain women?s employment opportunities, and the undervaluing of work traditionally performed by women. But the bottom line is that women ? and their families ? are disproportionately affected by the low minimum wage.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/n2YRozhvQMw/Equal-Pay-Day-Raising-minimum-wage-will-help-women-and-the-economy

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