What’s their beef? Striking fast food workers say low wages
An open letter signed by more than 100 economists and published this month by the University of Massachusetts, Amherst’s Political Economy Research Institute titled, “Economists in Support of a $10.50 U.S. Minimum Wage,” makes the case that raising wages would add just five cents to the price of a Big Mac.
Although fast food jobs are often thought of as work that provides teenagers with spending money, the average age of today’s fast food worker is 32, the paper said, which has much grimmer implications. “If a worker today is employed full time for a full 52-week year at a minimum wage job today, she or he is making $15,080. This is 19 percent below the official poverty line for a family of three,” the paper said.