Steve Allen Voices Concerns About North Carolina Minimum Wage
Steve Allen, professor of economics, shared concerns about North Carolina’s $7.25 minimum wage which has not increased since 2009 despite record-high inflation rates and recommends the Living Wage Calculator to determine cost of living in various parts of the state.
“Let’s suppose you’re a single parent with two kids, compared to a single adult with no children, compared to a 19-year-old still living at home. The minimum wage tries to address all those things at once and does a terrible job,” said Allen. “It’s not one-size-fits-all for everyone.”
Read the full article on The News & Observer.