Economy
4:38 pm
Tue May 31, 2011

Study: Michigan families need 3 times minimum wage to thrive

LANSING, Mich. (AP) - A new study says a single parent in Michigan with a preschooler and a school-age child needs to earn more than three times the state's minimum wage to be economically
secure.

Wider Opportunities for Women and the Michigan League for Human Services released the report Tuesday.

The study says the wage-earner in that family of three needs to earn about $52,000 a year with benefits to cover child care, housing, health care, transportation, savings and retirement.

A state report says nearly six out of 10 jobs expected to be created in Michigan through 2018 won't enable a worker to earn that much.

The league says reducing tax credits for low-income workers and cutting spending on children's clothing allowances also are making it harder for hard-pressed families to reach economic security.