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Friday, December 5, 2014

Paying A Ton To Subsidize Fast Food's Poverty Wages

"Taxpayers spend about $7 billion per year to help pay workers who are employed by an industry that rakes in $200 billion annually. That's because the fast food industry's notoriously low wages force more than half of fast food workers to rely on some form of government assistance like food stamps or Medicaid to get by, a study from the University of California-Berkeley and the University of Illinois at Urbana-Champaign recently found.An analysis of the Berkeley/UI data from the left-leaning National Employment Law Project breaks down how much low-wages at the 10 biggest fast food chains are costing taxpayers. These findings reflect the bleak reality of the low-wage recovery. Nearly 70 percent of the new jobs created since the end of the recession have been in low-wage sectors like fast food and retail and they’ve replaced largely middle-income jobs."
http://www.huffingtonpost.com/2013/10/18/fast-food-industry-taxpayers_n_4123733.html

http://nelp.org/  
National Employment Law Project:
"A fundamental promise of America is that work will be a ladder to economic opportunity and an anchor of economic security for working families. But that promise has unraveled over the past three decades. Globalization has combined with domestic policy choices to yield an economy that creates too many low-wage jobs and not nearly enough good ones. Lax enforcement of workers' rights, increased subcontracting and mis-classification of employees as independent contractors, and failed immigration policies have heightened insecurity for all workers. Inequality has grown to historic levels, the middle class is imperiled, and many fear our best days are behind us."