Also, does anyone know how minimum wage is actually calculated? I could not find anything that really stated how it is calculated. The reason I want to know is because it does not jive with the cost of living in a lot of ares. According to my calculations to maintain a single person on minimum wage they would not be able to be self-sufficient. They would need to stay with family or friends, would not be able to pay for college (unless parents can help), own a new car, pay for medical care, or buy a home. They would have no savings and they would barely be able to feed themselves.Answer Question
Asked by Anonymous at 6:32 PM on Aug. 12, 2009 in Politics & Current Events
Answer by BEXi at 6:37 PM on Aug. 12, 2009
Answer by jesse123456 at 6:38 PM on Aug. 12, 2009
Minimum wage was never INTENDED to be the sole source of income!
Initiative 688, approved by Washington voters in 1998, requires L&I to make a cost-of-living adjustment to its minimum wage each year based on the federal Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). This measures the average change in prices on a fixed group of goods and services such as food, shelter, medical care, transportation and other goods and services people purchase for day-to-day living. L&I recalculates the state's minimum wage in September, and it takes effect the following year on January 1.
Answer by LoriKeet at 6:42 PM on Aug. 12, 2009
Answer by Anonymous at 6:43 PM on Aug. 12, 2009
Answer by Anonymous at 6:46 PM on Aug. 12, 2009
Answer by LoriKeet at 7:00 PM on Aug. 12, 2009
Answer by rkoloms at 7:19 PM on Aug. 12, 2009
Answer by yourspecialkid at 7:24 PM on Aug. 12, 2009
Answer by mamak57 at 7:41 PM on Aug. 12, 2009
Answer by Anonymous at 7:43 PM on Aug. 12, 2009