ON NOV. 5, 2013, the people of SeaTac, Wash., enacted the highest minimum wage in the country, $15 an hour, more than double the federal minimum wage of $7.25 an hour.
On Black Friday, the biggest shopping day of the year, Wal-Mart workers at more than 1,500 store locations conducted protests and informational pickets. Fast-food workers in more than 100 cities protested in front of McDonalds, KFC, and Taco Bell stores, calling for wage increases.
Across the U.S., a grassroots movement is blossoming to address the extreme inequality of wealth and wages. Led by low-wage workers and bolstered by faith community leaders, this movement is shining a spotlight on the glaring disparity of wages, wealth, and opportunity.
The wealthiest 1 percent of households, those with annual incomes over $555,000, now receives more than 21 percent of all income. Meanwhile, millions of low-wage workers subsist on the federal minimum wage, which is $15,080 a year for a full-time worker. As a result, many low-wage workers depend on charity and public subsidies such as food stamps and Medicaid to survive.
If the minimum wage had kept up with inflation since 1968, it would now be $10.74, enough to boost a family of three over the federal poverty line, according to the Economic Policy Institute. If the minimum wage had increased at the pace of worker productivity, it would be $18.72 an hour today.