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November 16, 2009

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Fast Facts: Minimum Wage

Monday, July 8, 1996 | 11:59 a.m.

* MINIMUM WAGE employment continues to be tied largely to work experience. More than 26 percent of those age 16-17 work at the minimum wage. In the 18-20 age group, 14 percent work at minimum wage.

* THE MAJORITY of minimum wage workers are under 25.

* MORE THAN 700,000 teens working at the minimum wage live in households where family income exceeds $30,000.

* THIRTY-SEVEN percent of minimum wage workers work full time.

* FORTY percent of minimum wage workers are teens and young adults living at home.

* ONE-FIFTH of minimum wage workers are single with no children.

* THIRTY-FIVE percent of minimum wage workers are adults in families. Almost 900,000 of these are families with annual incomes above $15,000 and almost 500,000 of them are adults in families with annual incomes above $30,000.

Source: Employment Policies Institute Foundation, Washington D.C.

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