Policymakers agree that it is important to support low-wage workers in today's volatile economy. But first, they must have a clear understanding of the group they are trying to help.
Research by the Urban Institute's WorkRise network revealed six characteristics of low-wage workers.
About a quarter of workers (around 30 million) are low wage. Researchers defined low-wage as two-thirds of the median wage of workers in their prime working years of ages 25 to 54, or $17 an hour. A person working full time at that threshold makes about $35,000 a year. Low-wage workers also receive fewer benefits compared with their higher-earning peers
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
