Fwd: NiLP FYI: Debating Latinos and the Minimum Wage ____________________________________ From: [email protected] To: guillo@aol Sent: 1/28/2014 9:02:51 P.M. SA Western Standard Time Subj: NiLP FYI: Debating Latinos and the Minimum Wage Having trouble viewing this email? _Click here _ (campaign.r20.constantcontact/render?ca=ca815caf-c5e5-4d63-8068-97589cfcd7d7&c=5c03b18 0-32a7-11e3-93b7-d4ae52a82222&ch=5caebe90-32a7-11e3-93ef-d4ae52a82222) Hi, just a reminder that youre receiving this email because you have expressed an interest in National Institute for Latino Policy (NiLP). Dont forget to add [email protected] to your address book so well be sure to land in your inbox! You may _unsubscribe_ (visitor.constantcontact/do?p=un&m=001-JOCTjwxzZ2c1MIuWSz13Q==&ch=5caebe90-32a7-11e3-93ef-d4ae52a82222&ca=ca815caf-c5e5 -4d63-8068-97589cfcd7d7) if you no longer wish to receive our emails. 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Debating Latinos and the Minimum Wage CONTENTS * To Help Hispanics, Remove Minimum Wage Hike From State Of The Union By Carli Dimino, Forbes (January 28, 2014) * Raise the minimum wage by Raul A. Reyes, NBC Latino (March 11, 2013) Op-Ed To Help Hispanics, Remove Minimum Wage Hike From State Of The Union By Carli Dimino _Forbes_ (r20.rs6.net/tn.jsp?f=001VqB6e20COHpPgdlGcC5fgDvmbXleSlT2S9p6JYZobNYnEKbf0ySoChr95_spzvsaWOUH7Qd-2JAPdX_V5faCYSI-AQCUYM0dES1Gxhyl8beRu8B ibDxQWmxnWsqJQGSGMcZGi8G5YuQXiGVnnfZg8PTKP_wcMrFiOqwEuZkZ80iSRl7oHyUZ4Y6KfYp 73Kp6sxzvYhbKoFJgkLUAnd7_tcwk3XiD7e5F-mP2ch2hdigqq-9zquS3eGPYuZ89z9GFmzn1aV1 UFiOSSewk6tUZr7REDMCjDVa2QvPHB2MtQFax4Ar0kC-jqA==&c=m6k2tHMuDkngse7AgC4nB5Ih cnnstF2PwuCSW4GnyQY-OVp-DA3wRQ==&ch=WO8VGkdtaCZhNfatHVsN4cPibYuh2it05nz-9oBU zwNOlvfITCt6_w==) (January 28, 2014) In his fifth State of the Union address, President Obama should face the harsh reality facing millions of Latinos still struggling to find full-time employment, particularly those in search of low-skill and entry level jobs. As the most recent Bureau of Labor Statistics report confirms, overall Hispanic unemployment, still hovering at 8.3 percent, remains 1.6 percent higher than the nations as a whole. Last year at this time, instead of suggesting new and creative ways to foster job growth, the President chose to dust off a nice-sounding proposal to increase the federal minimum wage to $9 per hour. While no doubt well intentioned, the impact of this short-term solution will be to suffocate job opportunities for the very populations most likely to be affected. From Washington, D.C. to San Francisco, local politicians were the first to seize on increasing the minimum wage in their communities and states, while demands for raising the federal minimum wage have steadily grown louder. Expect these cries to reach a crescendo during the Presidents speech, and in the days that follow. Raising Minimum Wage Hurts Those Struggling To Find A Job Its time the President realizes that every bump in the minimum wage represents a higher hurdle for everyone struggling to find a job. Studies have consistently shown that increasing the minimum wage results in a loss of low-wage jobs, harming the very workers it is intended to help. According to the Cato Institute, the phenomenon was initially documented as far back as 1938, when the very first federally-imposed minimum wage was implemented. At that time, the Department of Labor recorded that the new 25 cent minimum wage directly caused the loss of 30,000 to 50,000 jobs, more than 1 in 10 of the 300,000 workers the new law was intended to help. Hispanics are acutely aware that today, a disproportionate number of low-wage jobs are in the service industry, where Latinos comprise 26 percent of employees, more than any other demographic group. These are workers who simply cannot afford to sustain new rounds of layoffs because Washington insists on making the same mistake over and over again. The disproportionate impact on Hispanics is especially cruel. How Minimum Wage Laws Affects Hispanics At The LIBRE Initiative, we have identified that of all demographic groups, Hispanics are forced into part-time labor at a higher rate than any other, and that Latino entrepreneurs start businesses at a rate that is twice the national average. The Presidents proposal to increase the federal minimum wage will adversely impact both groups. For the Hispanic part-time worker, a higher minimum wage means a cutback in hours at best, a pink slip at worst - and the dream of full-time employment moves further and further out of reach. For the Hispanic entrepreneur, an increase in the federal minimum wage can mean closing the doors on a lifelong dream. How many restaurants, hair salons, small stores and other businesses will be forced to trim their hiring needs - or be shuttered altogether - because of the combined impact of a higher federal minimum wage and other Washington business-burdening schemes, including Obamacare? The 8.3 percent of Hispanic workers who are already out of work cannot benefit from an increase in a wage that they will never receive. The Presidents proposal will also be of no benefit to the Hispanic part-timer who sees a reduction in hours, the Latino small businesspeople it forces out of business, or those whose employers bottom lines simply could not sustain federally-mandated higher labor costs. A job is more than the only reliable ladder out of poverty: it is critical to emotional health, personal dignity and self-respect. For the immigrants who make up over 36% of our nations 53 million Latinos, the desire for meaningful employment burns especially bright: these individuals have given up all they once knew, often at great personal risk, seeking only the chance to work hard to provide a better life for themselves and their families. Its too important a goal to be put at risk by yet another Washington mandate. Mr. President, to help hard-pressed Hispanics, withdraw your proposal to raise the federal minimum wage from your State of the Union address. Dimino is policy analyst for The LIBRE Initiative. Opinion Raise the minimum wage by Raul A. Reyes _NBC Latino_ (r20.rs6.net/tn.jsp?f=001VqB6e20COHpPgdlGcC5fgDvmbXleSlT2S9p6JYZobNYnEKbf0ySoChr95_spzvsaySughRnoaJWIxXQPXz74sHBuUF1CMMTPgq1vcsE-zBW nkc-VCkke3oWXGekU8QorSGBmLYSP-Rb0Glo3aoI_y0oUDZjo1BL4Z8tW77WjrQ8RdiP7YivL3fX kjxYXkkMU6xGMmEck3DoIlKSVDi0JxeP3p-fheSwJOzC8jwFD05L2k533QbPpJ3-6Hij53SvQmYm UCi7lF7vzsKzStsU1KMtHG6cPtgf4&c=m6k2tHMuDkngse7AgC4nB5IhcnnstF2PwuCSW4GnyQY- OVp-DA3wRQ==&ch=WO8VGkdtaCZhNfatHVsN4cPibYuh2it05nz-9oBUzwNOlvfITCt6_w==) (March 11, 2013) Last week, Iowa Democratic Senator Tom Harkin proposed raising the minimum wage, just three weeks after President Obama called for increasing it to $9 an hour in his State of the Union address. Republicans are against the idea. I support people making more than nine dollars. I want people to make as much as they can, Florida Republican Senator Marco Rubio told CBS News. I dont think a minimum wage law works. Texas Republican Senator Ted Cruz is against raising the minimum wage because he believes it would cost Hispanics jobs. These lawmakers just dont get it. Raising the federal minimum wage is overdue. It would benefit Latinos and other Americans, and give our economy a boost. Increasing the minimum wage is good policy, good strategy - and the right thing to do. On the current minimum wage of $7.25, a person who works 40 hours a week with no vacation will earn $15,080 a year - just a few thousand dollars above the poverty line. Simple math and common sense tell us that it would be extremely difficult to live on this wage, so its time to raise it. Over nearly forty years, the minimum wage has only increased by about five dollars. Both Senator Harkin and President Obama also propose adding automatic cost-of-living increases to the minimum wage. The government does this with Social Security, to shield seniors from inflation; working people deserve the same protection. A higher minimum wage would benefit Latinos. One in five Hispanics earns minimum wage, according to the Bureau of Labor Statistics, while 23 percent of Latinos live in poverty. Raising the minimum wage would help Latinos improve their economic situation, especially since many Hispanics live in urban areas where costs of living are above the national average. In addition, a higher minimum wage would allow American workers to keep pace with their global counterparts. Right now, the U.S. lags behind most major industrial nations in our minimum wage. Increasing the minimum wage makes good economic sense. It would mean more money in peoples pockets, which translates into more money spent on goods and services. A 2011 study by the Federal Reserve Bank of Chicago found that a dollar increase in the minimum wage results, on average, in households spending an additional $2,800 the following year. And contrary to what Senator Cruz believes, increasing the minimum wage would not cost jobs. The Center for Economic Policy and Research has found that increases in the minimum wage do not impact employment. Strategically, it would make sense for Republicans to support a minimum wage hike. It is a way to jump-start the economy that doesnt involve raising taxes. It is popular with the public. A Gallup poll last week found that 71 percent of Americans support Obamas proposal to raise it to $9 an hour. Among Latinos, a whopping 85 percent support increasing the minimum wage. Whats more, if we increase the minimum wage, it likely means fewer people on welfare, food stamps, and other government programs. Isnt that what conservatives want? There is also a moral argument for a higher minimum wage. Consider that in 2012, corporate profits hit a record high, while worker income hit a record low. Or that in 2010, the wealthiest one percent of Americans captured 93 percent of all economic growth. Such income inequality is as unjust as it is unacceptable. At the very least, everyone should be able to support themselves through their own work, even those on the lowest rung of the economic ladder. Raising the minimum wage would be good for Latinos as well as other Americans. It could well speed our economic recovery. And it is truly is the minimum we can do for millions of productive, deserving workers. Raul A. Reyes is an attorney and member of the USA Today Board of Contributors. _Forward this email_ (ui.constantcontact/sa/fwtf.jsp?llr=hlnfsnbab&m=1101040629095&ea=guillo@aol&a=1116379011008) (visitor.constantcontact/do?p=un&m=001-JOCTjwxzZ2c1MIuWSz13Q==&ch=5caebe90-32a7-11e3-93ef-d4ae52a82222&ca=ca815caf-c5e5-4d63-8068-97589cfcd7 d7) This email was sent to guillo@aol by [email protected]_ (mailto:[email protected]) | _Update Profile/Email Address_ (visitor.constantcontact/do?p=oo&m=001-JOCTjwxzZ2c1MIuWSz13Q==&ch=5caebe90-32a7-11e3-93ef-d4ae52a82222&ca=ca81 5caf-c5e5-4d63-8068-97589cfcd7d7) | Instant removal with _SafeUnsubscribe_ (visitor.constantcontact/do?p=un&m=001-JOCTjwxzZ2c1MIuWSz13Q==&ch =5caebe90-32a7-11e3-93ef-d4ae52a82222&ca=ca815caf-c5e5-4d63-8068-97589cfcd7d 7) ™ | _Privacy Policy_ (ui.constantcontact/roving/CCPrivacyPolicy.jsp) . National Institute for Latino Policy (NiLP) | 25 West 18th Street | New York | NY | 10011-1991
Posted on: Wed, 29 Jan 2014 02:12:53 +0000
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