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That's how you get to a higher wage level, and that's why economists like to point out that if you deny people an entry-level position because the minimum wage is so high, then some people never get that first job."Perry said companies are ultimately beholden to consumers who demand low prices.In 2016, 79.9 million workers age 16 and older in the United States were paid at hourly rates, representing 58.7 percent of all wage and salary workers.Williams likes his job, but he is forced to rely on SNAP benefits and public transportation.He lives with his grandmother because neither can afford rent, electricity and gas on their own. “It wouldn’t be realistic for me to say that I can now save for an apartment on .25.He will receive a state-mandated 35-cent raise in 2018, bringing his hourly wage to .25.At most, he will earn an annual salary of ,240 if he gets assigned a full 40-hour workweek for the entire year.(See tables 2 and 3.) (1) Estimates for the above race groups—White, Black or African American, and Asian—do not sum to totals because data are not presented for all races. Footnotes: (1) Data for 1990-1991, 1996-1997, and 2007-2009 reflect changes in the minimum wage that took place in those years. All self-employed workers, both incorporated and unincorporated, are excluded from these earnings estimates.Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Footnotes: (1) Refers to people in opposite-sex married couples only. Note: Data exclude all self-employed persons whether or not their businesses are incorporated. "Note: The comparability of historical labor force data has been affected at various times by methodological and conceptual changes in the Current Population Survey (CPS). The estimates in this report were obtained from the Current Population Survey (CPS), which provides information on the labor force, employment, and unemployment. Material in this report is in the public domain and may be used without permission.
"The higher skills you have alongside more training and experience, then the more valuable you are to an employer.
Among Asian and Hispanic workers, the percentage was about 2 percent. Among hourly paid workers age 16 and older, about 5 percent of those without a high school diploma earned the federal minimum wage or less, compared with about 3 percent of those who had a high school diploma (with no college), 3 percent of those with some college or an associate degree, and about 2 percent of college graduates. About 6 percent of part-time workers (persons who usually work fewer than 35 hours per week) were paid the federal minimum wage or less, compared with about 2 percent of full-time workers. Among major occupational groups, the highest percentage of hourly paid workers earning at or below the federal minimum wage was in service occupations, at about 7 percent.
Two-thirds of workers earning the minimum wage or less in 2016 were employed in service occupations, mostly in food preparation and serving related jobs. The industry with the highest percentage of workers earning hourly wages at or below the federal minimum wage was leisure and hospitality (about 13 percent).
This remains well below the percentage of 13.4 recorded in 1979, when data were first collected on a regular basis. The CPS does not include questions on whether workers are covered by the minimum wage provisions of the federal Fair Labor Standards Act (FLSA) or by individual state or local minimum wage laws.
(See table 10.)This report presents highlights and statistical tables describing workers who earned at or below the federal minimum wage in 2016. The estimates of workers paid at or below the federal minimum wage are based solely on the hourly wage they report, which does not include overtime pay, tips, or commissions. Although workers under age 25 represented only about one-fifth of hourly paid workers, they made up about half of those paid the federal minimum wage or less.