Your trusted source for progressive news and political analysis

Social Justice

40% of Workers Struggle to Survive on $7.25 Minimum Wage While Corporations Rake in Billions

The federal minimum wage remains at $7.25, forcing millions into poverty. As corporate profits soar, workers demand action for fair wages and economic justice.

BY: 5 min read
40% of Workers Struggle to Survive on $7.25 Minimum Wage While Corporations Rake in Billions
Featured image for: 40% of Workers Struggle to Survive on $7.25 Minimum Wage While Corporations Rake in Billions

Minimum Wage is a National Disgrace

The federal minimum wage has stagnated at a meager $7.25 per hour for over a decade. This amount is not just a number; it represents a daily battle for survival for millions of American workers. According to the Department of Labor, the Fair Labor Standards Act established this wage, but the reality is that it has failed to keep pace with inflation, rising living costs, and the needs of working families.

Real Wages in Crisis

In 2024, a staggering 87% of full-time employees work on average weekdays, yet the income they earn often fails to cover basic necessities. The Bureau of Labor Statistics reports that on weekends, only 29% of workers are employed, highlighting the stark reality of weekend job insecurity for many. This is not just a statistic; it is a reflection of a broken system where workers are forced to stretch every dollar. Families are being pushed into poverty while corporate profits hit record highs.

Hawley to introduce bill to raise minimum wage to $15 per hour, CBS News confirms

Hawley to introduce bill to raise minimum wage to $15 per hour, CBS News confirms

Workers Are Fighting Back

Grassroots movements are gaining momentum as labor advocates rally for a living wage that reflects the true cost of living. Just 14 states have taken steps to increase their minimum wages, leaving countless workers trapped in a cycle of poverty. A minimum wage increase is not merely an economic issue; it is a moral imperative. Workers deserve fair compensation for their labor, not just a paltry sum that barely keeps them afloat. As reported by the Department of Labor, the failure to raise wages exacerbates issues of inequality and injustice, disproportionately affecting marginalized communities.

Corporate Greed Must Be Challenged

Corporate CEOs continue to line their pockets while workers struggle to make ends meet. The disparity between executive compensation and worker wages is staggering. The economic justice movement insists that corporations must be held accountable for their role in perpetuating this cycle of exploitation. Workers are demanding not just higher wages but also respect, dignity, and the right to organize without fear of retaliation.

Biden tells governors minimum wage hike unlikely to pass | Fox News Video

Biden tells governors minimum wage hike unlikely to pass | Fox News Video

Legislation is Key to Change

Legislative action is crucial to ensure that every worker receives a living wage. The Fight for $15 movement has ignited discussions across the nation, pushing lawmakers to reconsider outdated wage laws. The time for action is now. Advocates are calling on Congress to pass comprehensive measures that will raise the federal minimum wage and ensure that all workers can support themselves and their families. As we look to the future, we must prioritize economic justice and labor rights, ensuring that the voices of workers are heard and respected.

Related Articles: Social Justice