Can You Live On Minimum Wage?
The Federal Minimum wage is $7.25 seriously does the government actually think a person could live on $7.25 an hour? The minimum wage in Colorado is $11.10 an hour well above the Federal minimum wage.
Walmart CEO Doug McMillon thinks the federal minimum wage is "too low." Now the head of the country's largest private employer is calling on Congress to raise it beyond $7.25 an hour.
If you are single and have to pay rent there is no way you can buy a car make a rent payment buy your gas and be able to eat on $7.25 an hour. If you work 80 hours in a two week period your gross pay is only $580.00. So your total monthly gross would be $1160.00. You would probably be taking home around $900.00 a month. I think a person would have to work a couple of jobs just to make ends meet. There are other states that pay higher in Washington state the minimum starting wage is $12.00 an hour in Seattle it is $15.00 dollars an hour. The Federal Government needs to get a clue.