Do you remember trying to find that first job? You’d be told you needed experience by an would-be employer, but no one would hire you so you could get the experience. Finally, a burger joint or a summer ice cream shop or a retailer would give you a chance, usually beginning at minimum wage.
At AEI, Mark J. Perry looks at the world of the minimum wage worker. Here are a few facts:
- While teens are the ones who typically earn minimum wage, they don’t stay there for long. In 2014, 85 percent of working teens earned above minimum wage.
- If a worker does not have a high school diploma, the chances that he/she will earn minimum wage are higher. The more educated a person is, the more he/she will earn.
- Being married typically means a person will earn more.
- Part-time workers are much more likely to earn minimum wage than full-time employees.