[lbo-talk] Minimum Wage

[Kevin Robert Dean]

Mininum wage pays for 1-bedroom apartment in only 4 U.S. counties 
Associated Press 
December 20, 2004 RENT1221 
WASHINGTON - In only four of the nation's 3,066 counties can someone working full-time and earning federal minimum wage afford to pay rent and utilities on a one-bedroom apartment, an advocacy group on low-income housing reported Monday.

A two-bedroom rental is even more of a burden - the typical worker must earn at least $15.37 an hour to pay rent and utilities, the National Low Income Housing Coalition said in its annual ``Out of Reach'' report. That's nearly three times the federal minimum wage of $5.15 an hour.
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