#FightFor15’s Latest Target: The Mcdonald’s Shareholders Meeting
The movement for a $15 per hour minimum wage which began in New York City in 2012 has exploded, attaining victories in cities throughout the country. Just the latest proof that direct action does indeed get the goods, is Los Angeles, Where the city council voted 14-to-1 on Tuesday to gradually raise the minimum wage to $15 per hour by 2020, including tipped workers. While other cities such as Seattle and San Francisco, have also passed similar increases, this latest triumph is significant, as more than 50% of Angelinos, which amounts to 723,000 workers, currently earn less than $15.25 per hour.
Earlier this week, Ethan wrote an article about how the millennial generation is experiencing massive underemployment, as well as a higher level of unemployment than the general population. He cites a report which underscores why the Fight For $15 movement is so vital to the future of workers in this country:
“Six out of the ten largest occupations with median wages less than $15 also rank among the occupations projected to add the most jobs in coming years.”
Even worse, a 2012 Economic Policy Institute (EPI) report, detailed how wages for college graduates have been stagnant over the past decade. Take a look at this chart, which shows the average wages for college graduates:
This issue is only going to become more contentious, as millennials are being forced into low-wage jobs that they are drastically under-qualified for, earning only slightly more than what low-wage workers are desperately struggling to attain. Even more disconcerting, areas that have already raised their minimum wage are still unaffordable for low-income workers, as their wages don’t even closely resemble the price of a market rate apartment. Even at $15 per hour, EVERY SINGLE PART of Los Angeles is still unaffordable.
So what do we do? How will we ever be paid enough to survive?
We have to keep fighting, which is why thousands of fast food workers took to the streets yesterday, marching on the annual Mcdonald’s Shareholders Meeting in Oak Brook, IL for the second year in a row. Ten workers were allowed inside the Mcdonald’s compound, and delivered a petition with 1.4 billion signatures. They were met with silence, which is expected from a company which doesn’t even give raises to their long-term employees.
Check out our Storify coverage from yesterday: