Annual minimum-wage earnings and poverty line for families of two to four, 1964–2013 and projected for 2013–2016 under proposal to raise the federal minimum wage to $10.10 by 2016 (2013 dollars)
Note: Poverty thresholds for 2013 for family of two (one adult, one child) and three (two adults, one child) and four (two adults, two children) are inflated from 2012 U.S. Census Bureau thresholds by CBO-projected inflation for 2013. The poverty threshold for one adult, two children is slightly higher ($18,794) than for the family of three configuration shown here. Projections are based upon CBO inflation projections and the proposal to raise the minimum wage to $10.10 by 2016. Annual earnings are calculated assuming workers work 40 hours per week, 52 weeks per year.
Source: Author's analysis of Harkin-Miller proposal, U.S. Census Bureau (2012), CBO (2013), and U.S. Department of Labor Wage and Hour Division (2013)
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