[ad_1]
#Roommates, the struggle for minimum wage workers seems to continue to deteriorate, because a new report reveals a very unfortunate reality.According to a new housing report, full-time minimum wage Workers cannot afford rent anywhere in the United States—this is the latest sign that minimum wage growth should have been raised long ago.
@CNBC reports, National Low-Income Housing Alliance Recently released The results of its annual “out of reach” report and survey of minimum wage workers are eye-opening. The report confirmed that full-time minimum-wage employees in the United States cannot financially afford two-bedroom apartments in any state of the country. The same report also found that in 93% of the U.S. counties, full-time minimum wage employees cannot afford one-bedroom apartments. These figures are further translated into ordinary workers who need to work nearly 97 hours a week to afford suitable housing, which is more than the working hours of two full-time jobs.
If you want to know how NLIHC derives these figures, their report defines affordability as “the hourly wage that a full-time worker must earn to spend no more than 30% of his income on rent”, which means that by 2021 In 2012, a full-time minimum wage employee needs to earn at least $24.90 per hour for a two-bedroom apartment and $20.40 for a one-bedroom apartment. This is an amazing increase from last year’s $23.96 for a two-bedroom and $19.56 for a one-bedroom. The current minimum average wage is $18.78 per hour, which is more than $6 less than the wage required to afford a two-bedroom apartment.
In addition, there is a disturbing racial factor in the housing report, because it points out that black and Latino employees spend more than 30% on rent, but far less than white employees, who only spend 25% of their income on housing.
It is said that these new factors have become worse due to the unemployment of millions of full-time minimum wage workers during the COVID-19 pandemic.
Want to drink tea directly in your text inbox?Contact us at 917-722-8057 or Click here to join!
[ad_2]
Source link
