Come July 24, Union Square will become a sea of banners and chanting protesters demanding economic justice.
“Workers have to fight for our rights, for paid sick days, a raise of the minimum wage not only at the state level but also at the federal one, the right to organize at the workplace,” said Javier Valdés, of Make the Road New York.
To do exactly that — to forcefully ask for economic solutions that work for all, not just the rich — thousands of New Yorkers from many different backgrounds are expected to gather in Union Square for what has been billed as a National Day of Action.
How much the federal minimum wage would be if it had kept up with inflation over the past 40 years. Instead, it’s $7.25. Learn More
The annual income for a full-time employee working the entire year at the federal minimum wage.
The number of states where a minimum wage worker can afford a two-bedroom apartment working a 40-hour week. Learn More
The number of times Congress passed legislation to increase the minimum wage in the last 30 years.
The number of states (including the District of Columbia) which have raised their minimum wage above the federal level of $7.25.
The number of states that annually increase their state minimum to keep up with the rising cost of living.
The percentage of Americans that support gradually raising the minimum wage from $7.25 an hour to at least $10.00 an hour, according to an October 2010 poll.
64 in 100 vs. 4 in 100
What are the chances an adult minimum wage worker is a woman vs. the chances a Fortune 500 CEO is a woman? Learn More
The percentage of Missouri voters that voted to increase and index the Misourri minimum wage in the 2006 ballot initiative.
The federal minimum wage for tipped employees, such as waiters and waitresses, nail salon workers, or parking attendants.
What Is Wrong With This Picture?
Tell Congress: The 99% Need a Raise
Raising the minimum wage is an important step toward an economy that works for everyone, not just the richest 1%. That’s why both current elected officials and those who are pursuing elected office need to stand with us in raising the federal minimum wage.
Putting more money into the pockets of ordinary Americans is a no-brainer. If we reduced income inequality, we’d boost our economy. Small businesses would grow and hire, and we’d put the 99% back to work.
- The minimum wage can’t support our families. The current federal minimum wage—at $7.25 an hour—amounts to only $15,080 a year. That’s almost $9,000 below the federal poverty line for a family of four.
- We get $7.25. They get 725%. The federal minimum wage hasn’t kept up with inflation, but CEO pay has risen 725% over the last 30 years. 80% of all real income growth has gone to the richest 1% of Americans.
- A fair change for a better life. If the federal minimum wage had kept up with inflation over the past 40 years, it would currently be at $10.55.
People who work for a living should be able to live off of their wages. The federal minimum wage needs to be adequate enough for working people to live on—and indexed to inflation so it doesn’t fall in value every year.