B ALLOT M EASURE 3: G OOD FOR OUR W ORKERS G OOD FOR OUR E CONOMY G OOD FOR OUR S TATE Presentation prepared by Alaskans for a Fair Minimum Wage www.AlaskaNeedsARaise.org.

Slides:

Advertisements

Similar presentations

Five Good Reasons For States to Expand Family Coverage.

Advertisements

Price Ceilings and Floors

Legacies of the War on Poverty, Lessons for the Future Sheldon Danziger President, Russell Sage Foundation H.J. Meyer Distinguished University Professor.

1 Introduction to Paid Sick Days Everyone get sick. Not everyone has time to get better. Insert Name and Date.

Chapter 5: Monitoring Jobs and Inflation

Expanding the EITC: The President's Proposal Wednesday, March 5, 2014 Tax Credits for Working Families.

Earned income tax credit (EITC) Lecture 20. Reading Assignment and Sources Reading Assignment: –Greenstein, “ The Earned Income Tax Credit: Boosting Employment,

1 VITA at Colgate: The Earned Income Tax Credit (EITC) VITA Presentation Nicole Simpson January 2013.

Overview of Income Redistribution Programs

U.S. Department of Labor Assistant Secretary William E. Spriggs Office of Policy July 25, NAACP Convention: Labor Workshop Labor Market Outlook.

Unemployment Why is unemployment a problem? – Lost production and income – Lost human capital Measuring unemployment – The Current Population Survey Monthly.

— A Proposal to Cover All Americans —. 2 Health Coverage Passport Charles N. Kahn III President Federation of American Hospitals National Congress On.

So You Want to Be a Millionaire?? Work in the United States and Massachusetts.

Earned income tax credit (EITC). Reading Assignment Greenstein, “ The Earned Income Tax Credit: Boosting Employment, Aiding the Working Poor, ”

Chapter 5: Monitoring Jobs and Inflation Measures of activity in the labor market – Unemployment – labor force participation – employment-population ratio.

Overview of Federal and State Welfare Programs April 24, 2008.

The Tattered Safety Net James G. Anderson, Ph.D. Purdue University.

Health Care Reform in California Steven P. Wallace, Ph.D. UCLA Center for Health Policy Research & UCLA School of Public Health UCLA Center for Health.

Poverty: Facts, Causes and Consequences Hilary Hoynes University of California, Davis California Symposium on Poverty October 2009.

Living Wage Changing our Standard of Living By: Audelia Solorio and Devin Griffin.

The Minimum Wage Should we raise it?. Facts About the Minimum Wage The Minimum wage was first established in 1938 at $.25/hr The nationally mandated minimum.

LIVING WAGES Stephanie Luce, City University of New York November 9, 2013 Santa Rosa, CA.

Robert Cherry, Director David Riemer, Senior Fellow Conor Williams, Economic Policy Analyst Julie Kerksick, Senior Policy Advocate Community Advocates.

REDUCING CHILD CARE ASSISTANCE: THE IMPACT ON WEST VIRGINIA’S LOW- INCOME WORKING FAMILIES Governor’s Child Care Assistance Meeting Friday, November 9,

Chart 6.1: National Health Expenditures as a Percentage of Gross Domestic Product and Breakdown of National Health Expenditures, 2011 Source: Centers.

Research and Planning Administration National Insurance Institute National Insurance Institute Research & Planning Administration Herzliya Conference The.

The State of the U.S. Labor Market Office of Economic Policy February 3, 2015 Dr. Jennifer Hunt Deputy Assistant Secretary, Microeconomic Analysis.

Legislative Analyst’s Office Presented to: Ryan Woolsey, Fiscal and Policy Analyst CSDA/CWDA Policy Symposium March 4, 2015.

Introduction to Family Studies Families, the State & Social Policy.

Earned Income Tax Credit (EITC)

WHAT IMPACT SHOULD WE EXPECT FROM THE MINIMUM WAGE? Adair Turner Policy Studies Institute 2nd December 2002.

Stay Well Afford Care Secure Coverage. Our Broken Health Care System 6.5 Million Uninsured 20% of Population Source: California Health Interview Survey,

LEARNING OUTCOMES 6 & 7 INFLATION & EMPLOYMENT. INFLATION This is an important performance indicator. It measures the rate of change in the general level.

Developing Opportunities for Low Wage Workers Evelyn Ganzglass Center for Law and Social Policy

Healthcare Reform MDI Rotary September, Mount Desert Island Hospital Agenda The Problem Health Reform Bill Outstanding Issues / Challenges Questions.

Welfare and Welfare Reform. AFDC (Aid for Families with Dependant Children) Cash Welfare 87% of funds generally went to those who would be poor Targeted.

Introduction to Benefit Access Working Poor Families Project Policy Academy June 30, 2011 Elizabeth Lower-Basch Senior Policy Analyst.

Stay Well Afford Care Secure Coverage. Our Broken Health Care System 6.5 Million Uninsured 20% of Population Source: California Health Interview Survey,

Chapter 2. The Labor Market: Definitions, Facts, and Trends.

THE EARNED INCOME TAX CREDIT 1. Overview The EITC is a refundable tax credit for low-and- moderate-income working people, primarily those with qualifying.

Briefing on the Regional Economy Rae D. Rosen Senior Economist Federal Reserve Bank of New York September 5, 2002.

Poverty Programs. NEW DEAL REFORMS Created during the Depression President Franklin D. Roosevelt.

Business Cycle & Government interaction in the economy.

AMERICAN POVERTY: NUMBERS AND DEMOGRAPHICS. THE OFFICIAL POOR.

Modeling Health Reform in Massachusetts John Holahan June 4, 2008 THE URBAN INSTITUTE.

Domestic Policy Mr. Stroman AP Government. Social Welfare Domestic policy is often more contentious than economic policy, because it gets to the essence.

Conor Williams, Economic Policy Analyst David Riemer, Senior Fellow Julie Kerksick, Senior Policy Advocate Community Advocates Public Policy Institute.

1 The Economic Outlook for Connecticut Rae D. Rosen Senior Economist and Public Information Officer Federal Reserve Bank of New York January 21, 2004.

Economic Performance Vocabulary Gallery Walk. Disposable Personal Income, 8D Calculated by subtracting individual income taxes from personal income; Total.

Why Minimum Wage Should Be Raised Alex Tottle. Background Minimum wage laws were first instituted in 1938 by the US Department of Labor to create a limit.

March 9, 2012 Making Work Pay – How Raising Wages is Key to Boosting Living Standards January 7, 2016 Atlanta, GA David Cooper Economic Policy Institute.

Implementing Paid Family and Medical Leave Insurance: Connecticut PRESENTATION BY: SARAH JANE GLYNN, CENTER FOR AMERICAN PROGRESS AND JEFFREY HAYES, INSTITUTE.

American Free Enterprise What is the American Dream?

FACING ECONOMIC CHALLENGES Unemployment  Poverty  Inflation.

 Public assistance and welfare services, including:  Temporary assistance for needy families  Medical assistance  Maternal and child health services.

1 Chapter 29 Minimum Wages. 22 You are Here 3 Why Have a Minimum Wage? 3 The argument for a minimum wage is that people who work full time should not.

7-1. Government-Mandated Social Security and Workers’ Compensation Programs McGraw-Hill/Irwin Copyright © 2006 The McGraw-Hill Companies, Inc. All rights.

The Minimum Wage is the amount mandated by law that an employer must pay for hourly work. The first Minimum Wage policy was established in Massachusetts.

Welfare Assistance GOVT Module 16.

Facing Economic Challenges

By: MADHIHA I., Samantha V., AUSTIN T., Paul V.

Welfare Assistance December 7, 2017.

Facts and General Statistics from 2010 Regarding Minimum Wage Workers

Children’s Education & Health Care Protection Act

Chapter 13: Economic Challenges Section 3

Minimum Wage Can a person live on it?.

Poverty (cont.) Individuals classified as living in poverty have incomes that fall below the poverty threshold. Simplified poverty thresholds appear as.

Presentation transcript:

B ALLOT M EASURE 3: G OOD FOR OUR W ORKERS G OOD FOR OUR E CONOMY G OOD FOR OUR S TATE Presentation prepared by Alaskans for a Fair Minimum Wage

What Does Ballot Measure 3 Do? Raise the Alaska minimum wage to $8.75 on January 1, 2015 and $9.75 on January 1, 2016 Restore the Cost-of-Living Adjustment (COLA) that the Alaska state legislature removed in 2003 (after passing it the year before).* Restore the guarantee that the Alaska minimum wage always remain at least $1 above the federal level. *The Cost of Living Adjustment for the minimum wage will be calculated based upon the Anchorage Consumer Price Index (CPI) and will go into effect January 1, 2017

C OST OF L IVING R ANK VS. M IN W AGE R ANK (1=highest)* S TATE M IN W AGE P LANNED C HANGES 10 Rhode Island$8.00($9 eff ) 9 Massachusetts$8.00($9 eff ) 8 Oregon$ Connecticut$8.70($9.15 eff ) 6 California$9.00($10 eff ) 5 New Jersey$ Alaska$ New York$8.00($8.75 eff ) 2 DC$9.50($10.50 eff ) 1 Hawaii$7.25($7.75 eff. 1/1/15) *“Cost of Living Data Series First Quarter 2014.” Missouri Economic Research and Information Center (MERIC).

Job and Wage Growth Avg Monthly EmploymentAvg Monthly Wage Total Non-Agro+1.5%+1.7% Total Private Sector+1.7%+1.5% Seafood production prep, packaging +5.9%+8.1% Retail Trade+.6%+3.7% Accommodation+5.6%+1.0% Food Services and Drinking Places +1.7%+4.3%

W HO IS A FFECTED ? 28,000 directly (make less than $9.75)* 20,000 Indirectly (make $9.75-$10.75)** Total Affected: 48,000 Alaskans – 20 & Over: 78% – Women: 57% – Have Kids: 25% *Alaska Department of Labor estimate, unpublished data **David Cooper (Economic Policy Institute) estimate.

WE ALL SUBSIDIZE EMPLOYERS OF LOW WAGE WORKERS ! Public Assistance for Walmart employees: – $6.2 billion (Medicaid/CHIP, Earned Income Tax Credit, Food Stamps)* Public Assistance Fast Food Workers: $3.9 Billion (Medicaid/CHIP) $1.04 Billion (Earned Income Tax Credit) $1.91 Billion (Food Stamps) $6.85 Billion** (Total) 52% of families of front-line fast food workers are enrolled in one or more public assistance program vs. 25% of the work force as a whole *Americans for Tax Fairness**UC Berkeley Labor Center

Earned Income Tax Credit(EITC) Great Program BUT no substitute for a fair minimum wage Cost of EITC $56 billion/year – Avg benefit to family with children: $2905/year (max for childless adults is $487/year) – $2905 / 2080 hours = +$1.40 / hour $56 billion to expand EITC = spendy proposition (paid for by tax payers rather than employers)

W HAT B ALLOT M EASURE 3 M EANS 49 hours per week, rather than the current 61 hours, that a single minimum wage earning parent of two must work each week just to avoid falling below the federal poverty line. That is 12 more hours per week for that parent to spend with his or her kids, take classes, or look for better employment opportunities without falling below the federal poverty line.