Today: 1.3 million women working in the retail industry live in or near poverty (defined as within 150 percent of the poverty line). Tomorrow: If present trends continue: by 2022, more than 100,000 additional women will be added to ranks of retail’s working poor and near poor—meaning that nearly 1.4 million women working in retail and the nearly 2.5 million family members they help to support will be living in or near poverty in 2022. BUT: If the nation’s largest retailers raised wages to the equivalent of $25,000 a year for full-time work, 437,000 women working in retail today would see their earnings lift them above the level of poverty or near poverty. Family members they help to support would also benefit: altogether nearly 900,000 people would be lifted above the level of poverty or near poverty by a raise for women working at the largest retailers.
Posted on: Tue, 03 Jun 2014 16:55:12 +0000
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