Minimum Wage Every Minute An Antipoverty Tool

David Henderson reports:

If the federal minimum wage were increased to $9.50 per hour:

•  Only 11.3 per centum of workers who would hit from the increment alive inward households officially defined every bit poor.
•  A whopping 63.2 per centum of workers who would hit were instant or fifty-fifty 3rd earners living inward households amongst incomes equal to twice the poverty work or more.
•  Some 42.3 per centum of workers who would hit were instant or fifty-fifty 3rd earners who alive inward households that accept incomes equal to iii times the poverty work or more.

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