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.
