What Do You Know About Poverty in Missouri?

5. A worker earning the minimum wage in Missouri would have a full-time, monthly salary of:

a. Incorrect

A full-time minimum-wage earner working 40 hours per week earns $15,288 per year ($7.35/hour x 2080 hours), earning about $1,274 per month in before-tax income.

The 2012 poverty threshold for a family with two members is $1,260 per month. Working for minimum wage will raise a family of two to just above the poverty line.

Sources:
Labor Law Center, State Minimum Wage. http://www.laborlawcenter.com/t-State-Minimum-Wage-Rates.aspx.

U.S. Department of Health & Human Services. Poverty Guidelines, Research, and Measurement, http://aspe.hhs.gov/poverty/.