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On Labor Day 2013, Welfare Pays More Than Minimum-Wage Work In 35 States »
Since 2009, the Fair Labor Standards Act has dictated that the federal minimum wage is $7.25 an hour. Some people think that’s too low; others think it’s too high. But it turns out that, in 35 states, it’s a better deal not to work—and instead, to take advantage of federal welfare programs—than to take a minimum-wage job. That’s the takeaway from a new study published by Michael Tanner and Charles Hughes of the Cato Institute. Source Main page (current trends)
More about: Charles Hughes, federal minimum wage, federal welfare programs, Labor Day 2013, Michael Tanner, the Fair Labor Standards Act, Welfare Pays