Tags: Minimum Wage | minimum wage | Oklahoma City

What's The Difference Between Minimum Wage and Living Wage in Oklahoma City?

Wednesday, 10 Jun 2015 06:32 PM

Proposals to raise the minimum wage in Oklahoma City have met with opposition from legislators concerned about artificial increases that could have a negative effect on the local economy. Others point out that the minimum wage falls below what is considered to be a living wage required for people to be self-sufficient in the city.

Republican Gov. Mary Fallin signed a bill in April 2014 preventing cities in Oklahoma from establishing mandatory minimum wages. Minimum-wage workers in Oklahoma City and the state make $7.25, the federal minimum wage requirement.

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“An artificial raise in the minimum wage could derail local economies in a matter of months,” said state Rep. Randy Grau, a Republican backer of the bill, according to The Associated Press. “This is a fair measure for consumers, workers and small business owners.”

A move had been under way in Oklahoma City to raise the city’s minimum wage to $10.10, the same figure proposed by President Barack Obama for the federal minimum wage.

A living wage in the city and Oklahoma County for an adult is estimated at $9.67 an hour, according to an analysis by Dr. Amy K. Glasmeier and the Massachusetts Institute of Technology. A working adult with one child would need to make $20.55 to meet living wage standards, the report notes. The living wage for one adult with two children is $24.53.

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The MIT analysis points out that an adult making the minimum wage with one child would be near the poverty wage, estimated at $7 an hour. The poverty wage is $5 an hour for a single adult with no children.

A full-time worker making the minimum wage earns about $15,000 a year. The MIT living wage salary estimate would be about $20,000 for one adult. Food preparers, food servers, and personal care workers make just under the living wage, according to the typical annual salary in Oklahoma City. Workers in grounds cleaning and maintenance earn about $20,670. Sales workers earn about $22,870. Workers in the health support field make about $23,470.

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Proposals to raise the minimum wage in Oklahoma City have met with opposition from legislators concerned about artificial increases that could have a negative effect on the local economy.
minimum wage, Oklahoma City
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2015-32-10
Wednesday, 10 Jun 2015 06:32 PM
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