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IBW21

IBW21 (The Institute of the Black World 21st Century) is committed to enhancing the capacity of Black communities in the U.S. and globally to achieve cultural, social, economic and political equality and an enhanced quality of life for all marginalized people.

The Benefits of Increasing the Minimum Wage for People of Color

By News & Current Affairs

How much does a full-time worker earning the current minimum wage of $7.25 per hour make in one year? This worker earns only $15,080, which is $4,000 below the federal poverty line for a family of three. Most people would agree that this is not a livable salary anywhere in the nation, especially for families with children. Raising the minimum wage would make a significant difference for all Americans—and people of color in particular; it would increase the total combined wages of people of color by $16.1 billion.

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