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Monday, June 8, 2015

Emeryville's Minimum Wage Hike Comes Not a Day Too Soon

From the Atlantic CityLab comes this informative piece on minimum wage and the lack of affordable rental housing.  Emeryville's problems are California's problems are the Nation's problems.  As the state of inequality rises, a declining middle class and increasing homelessness is the result.
Californians on average now need to earn $26.65 per hour to afford an average two bedroom apartment.  At the State minimum wage, Californians need to work 92 hours per week to afford a one bedroom apartment, a shocking and embarrassing number.  Now that Emeryville has raised the minimum wage to $12.25 per hour, the number of hours per week needed to afford a one bedroom apartment here is probably substantially lower, evidence we aren't adding to the problem at least.

 Read the rest of the story HERE

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