Poverty Eradication through Stable and Well Paid Jobs
Many of the US's best-paying jobs require a technical degree, undergraduate degree, or master's degree. These degrees are expensive and can be financially unobtainable for someone living on the federal minimum wage of $7.25 per hour.
When the labor market is strong, it offers increased employment opportunities for those living in poverty because of the competition for labor. A better labor market leads to better pay for employees.
Better job retention
Increase in hourly rate
The unemployment rate for African-Americans is typically two to two-and-a-half times that of whites.
In 2018, the poverty rate for people living with a disability was 25.7%. That’s nearly 4 million people living with a disability—in poverty.
In 2018, 16.2% of all children (11.9 million kids) lived in Poverty USA—that’s almost 1 in every 6 children.
Poverty USA - https://www.povertyusa.org/facts
Giving Tech Labs Team - Giving.Tech