If minimum wage gets raised by 2.5 and it creates job loss wouldn’t that have to potential to still not effect people because they would only need one job instead of 2.5?
It's a bullshit calculation. It's putting federal minimum wage against the latest rents in urban areas, while maintaining the "you should only spend 30% of your income on rent" mantra.
In reality, people in urban areas earn more than federal minimum wage, they spend more than 30% of their income on rent and they don't necessarily live alone in one-bedroom apartments, which is always disproportionately expensive. They're also not working 2.5 jobs, unless it's part time jobs.
In reality, people in urban areas earn more than federal minimum wage, they spend more than 30% of their income on rent and they don't necessarily live alone in one-bedroom apartments, which is always disproportionately expensive. They're also not working 2.5 jobs, unless it's part time jobs.