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What a ‘Living Wage’ Actually Means

By Eric Ravenscraft in the NY Times


"The term “living wage” gets thrown around enough by politicians and advocacy groups that the definition can get muddy. The legal minimum wage in the United States is $7.25 per hour, though some states and cities like New York City and Seattle are experimenting with minimums as high as $15 an hour. But are these wages enough to live on? And what is a living wage, anyway?"

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