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Recent Housing Report Reveals That Full-Time Minimum Wage Employees Are Unable To Afford Rent Anywhere In The U.S.

<p data-pm-slice&equals;"1 1 &lbrack;&rsqb;">&num;Roommates&comma; it seems that the struggles for minimum wage workers continue to get worse&comma; as a new report reveals a very unfortunate reality&period; According to a new housing report&comma; full-time <a href&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;president-joe-biden-pushes-for-minimum-wage-to-be-increased-to-15-an-hour-no-one-working-40-hours-a-week-should-live-below-the-poverty-line&sol;">minimum wage<&sol;a> workers are unable to afford rent anywhere in the United States—which is the latest indication that a minimum wage increase is long overdue&period;<&sol;p>&NewLine;<p>&commat;CNBC reports&comma; the National Low Income Housing Coalition <a class&equals;"ProsemirrorEditor-link" href&equals;"https&colon;&sol;&sol;www&period;cnbc&period;com&sol;2021&sol;07&sol;14&sol;full-time-minimum-wage-workers-cant-afford-rent-anywhere-in-the-us&period;html&quest;utm&lowbar;term&equals;Autofeed&amp&semi;utm&lowbar;medium&equals;Social&amp&semi;utm&lowbar;content&equals;Main&amp&semi;utm&lowbar;source&equals;Twitter&num;Echobox&equals;1626276153">recently released<&sol;a> its annual &OpenCurlyDoubleQuote;Out Of Reach” report and the findings for minimum wage workers are eye-opening&period; The report confirmed that full-time minimum wage employees in the U&period;S&period; are not financially able to afford a two-bedroom apartment in any state in the country&period; The same report also found that in 93&percnt; of counties in the United States&comma; full-time minimum wage employees couldn’t afford a one-bedroom apartment either&period; Those figures further translate to the average worker needing to work almost 97 hours a week to be able to afford proper housing&comma; which is more working hours than that of two full-time jobs&period;<&sol;p>&NewLine;<p>If you’re wondering how the NLIHC came up with those numbers&comma; their report defines affordability as &OpenCurlyDoubleQuote;the hourly wage a full-time worker must earn to spend no more than 30&percnt; of their income on rent&comma;”  which means that in 2021&comma; full-time minimum wage employees need to earn at least &dollar;24&period;90 an hour for a two-bedroom apartment and &dollar;20&period;40 an hour for a one-bedroom&period; That’s a staggering increase from &dollar;23&period;96 for a two-bedroom and &dollar;19&period;56 for a one-bedroom just last year&period;  The current minimum wage average is &dollar;18&period;78 per hour&comma; over &dollar;6 less of what’s required to be able to afford a two-bedroom apartment&period;<&sol;p>&NewLine;<p>Additionally&comma; there is also a disturbing racial element to the housing report&comma; as it stated that Black and Latino employees spend more on their rent at over 30&percnt;&comma; but make far less than their White counterparts&comma; who only spend 25&percnt; of their income on housing&period;<&sol;p>&NewLine;<p>These new factors are said to have been made worse due to millions of full-time minimum wage workers losing their jobs during the COVID-19 pandemic&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Want tea directly in your text inbox&quest; Hit us up at 917-722-8057 or  <a class&equals;"ProsemirrorEditor-link" href&equals;"https&colon;&sol;&sol;my&period;community&period;com&sol;theshaderoom">click here to join&excl;<&sol;a><&sol;p>&NewLine; 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Danielle Jennings

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