News Why The Minimum Wage Is A Women’s Issue, In Three Charts
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Friday, 15 February 2013 07:31

Why The Minimum Wage Is A Women’s Issue, In Three Charts

Written by  Annie-Rose Strasser | Think Progress

During Tuesday night’s State of the Union, President Obama called on Congress to raise the minimum wage from $7.25 to $9 per hour. Not only is the proposal potentially good for business, but, according to a report released Wednesday from the Center for American Progress Action Fund, raising the minimum wage would also be a pillar for women’s rights. Here’s why, in three charts:

1. Two-thirds of minimum wage earners are women. A disproportionate number of women in the workforce hold the lowest-paying jobs, a fact that contributes to the gender pay gap. This means that women are far more likely to benefit from a wage increase:

2. Families benefit from a wage increase. Sixty percent of women are the primary or co-bread winners in their households. More money in their paychecks means more for their families:

3. Over 17 million women would benefit. The total number of women who would be earning more if Congress approved a minimum wage hike is 13.1 million. 8.9 million of these receive a direct benefit, while another 4.2 million women would enjoy the so-called “spillover effect” of increased wages to keep up with a changing wage structure:

Arguments against the minimum wage — made, within hours of Obama’s speech, by Sen. Marco Rubio (R-FL), Rep. Paul Ryan (R-WI), and House Speaker John Boehner (R-OH) — are predicated on the idea that it would weaken job growth or ruin the economy. In fact, studies show the opposite: that it would strengthen job creation, particularly when unemployment is high, as it is now. 

 

Original article on Think Progress

Read 891 times Last modified on Friday, 15 February 2013 07:36

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