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tenderfoot

(8,425 posts)
Mon Dec 8, 2014, 07:36 PM Dec 2014

Study: Minimum Wage Workers Ripped Off Even More Than We Thought

I can barely wait to here from DU's resident Libertarian DOUCHEBAGS about this... about making lemonade when served lemons, about choices, bootstraps etc...



Wage theft — employers taking money out of their workers’ pockets — has been estimated to cost society three times as much as all robberies, burglaries, larcenies and motor vehicle thefts combined, according to the Economic Policy Institute (EPI). A 2009 study cited by EPI estimated that in Chicago, Los Angeles and New York City, two-thirds of all wage and salary workers experienced some form of wage theft, and that on average it cost them $2,634 per year out of an annual income of just $17,616.

But according to new data from the Department of Labor, one kind of wage theft — minimum wage violations — may be even more prevalent than previous estimates suggested.

more: http://billmoyers.com/2014/12/08/study-minimum-wage-workers-ripped-thought/

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Study: Minimum Wage Workers Ripped Off Even More Than We Thought (Original Post) tenderfoot Dec 2014 OP
Good to know that so many are FOR wage theft! tenderfoot Dec 2014 #1
More corporate crony capitalism where we pay for their theft. RiverLover Dec 2014 #2
It is just that low wages make poor decisions...or lemons make good silver...ah my mamma told me... JanMichael Dec 2014 #3

RiverLover

(7,830 posts)
2. More corporate crony capitalism where we pay for their theft.
Mon Dec 8, 2014, 08:29 PM
Dec 2014
The minimum-wage violations in those two states translate into $20 million to $29 million in lost income per week, the study concluded. Those amounts represent 38 percent of the income of the victimized workers in New York and 49 percent of the income of victimized workers in California.

The study was based on 2011 data, when the minimum wage in New York was $7.25 an hour and $8 an hour in California. The study found that 11 percent of low-wage workers suffered minimum-wage violations — it defined low-wage workers as those making less than 1.5 times the minimum wage (meaning workers making nearly $11 in New York at the time of the study and $12 in California).

As Greenhouse noted in an interview with public radio’s Marketplace, these thefts don’t hurt workers alone — we all end up paying in the form of increased usage of public assistance like food stamps and Medicaid.


JanMichael

(24,872 posts)
3. It is just that low wages make poor decisions...or lemons make good silver...ah my mamma told me...
Mon Dec 8, 2014, 08:32 PM
Dec 2014

...that my shit don't taste like chocolate icecream.

No that's not it either...the people that keep spouting off those stupid sayings that demonize the poor should eat shit and diet.

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