Economy

One Major Way We're Screwing Over the Men and Women Who Fight for This Country

November 11th 2015

After risking their lives in wars across the globe, many veterans come back to the United States with debilitating illnesses and injuries, and many of them have trouble receiving help from the VA. Beyond that, Veteran unemployment was at 7.2 percent last year, which is higher than the unemployment rate for the country.

One thing that could help veterans is a raise in the minimum wage. A study done by the Economic Policy Institute (EPI) last year found 1 in 10 veterans that is employed is being paid a wage near the minimum wage.

 

With 10 million veterans working, that means around 1 million veterans could benefit from a raise in the federal minimum wage. The EPI found that raising it from $7.25 to $10.10, as was proposed by the Fair Minimum Wage Act of 2013, could greatly benefit veterans across the country.

In total, EPI found nearly 28 million people would benefit from the raise. Around 40 percent of the veterans who would benefit are over the age of 55, and it would lift them out from living under the poverty line. The majority of veterans (60 percent) also have at least some college education.

Fact sheet about veterans and the minimum wageEconomic Policy Institute - epi.org

Democratic presidential candidates former Secretary of State Hillary Clinton, former Maryland Gov. Martin O'Malley, and Sen. Bernie Sanders (I-Vt.) have proposed raising the federal minimum wage. Clinton, O'Malley and Sanders have shown support for a $15 per hour minimum wage. Sen. Sanders even introduced a bill this year that would raise the wage to $15, and he has supported raising it to help veterans in the past. With so many veterans struggling to get by after they leave active duty service, raising it could be a major help for them.

RELATED: The Biggest Lie at the GOP Debate

Learn more about the minimum wage below:

 

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