85R10728 BPG-D By: Alonzo H.C.R. No. 73 CONCURRENT RESOLUTION WHEREAS, The federal minimum wage was established at the height of the Great Depression, through the Fair Labor Standards Act of 1938, to keep working Americans out of poverty and stimulate the economy by increasing purchasing power; and WHEREAS, Since 1968, the real value of the federal minimum wage has declined by about 25 percent because there is no automatic, annual cost-of-living adjustment; across the country, 29 states and the District of Columbia have adopted a higher minimum wage to help workers keep up with inflation, and in 2016, 25 states approved new minimum wage increases, according to the National Employment Law Project; in addition, 18 cities and counties approved such hikes; and WHEREAS, The Texas minimum wage has remained at the federal rate of $7.25 per hour since 2009; a worker with a full-time, year-round minimum-wage job brings home only $15,080 annually, leaving a family of three to struggle below the poverty line, unable to afford the average two-bedroom apartment; and WHEREAS, Of the top 10 growth occupations for the next decade, as projected by the U.S. Bureau of Labor Statistics, 6 are low-wage jobs, including home health aides, customer service representatives, food preparation and service workers, personal and home care aides, retail salespersons, and office clerks; raising the minimum wage would improve pay scales for millions of men and women in these positions; and WHEREAS, Higher wages stimulate the economy by increasing consumer spending without adding to state and federal budget deficits; consumer spending drives 70 percent of the economy, and growing demand energizes production and hiring; moreover, research has documented that raising wages benefits employers by enhancing productivity while reducing turnover and the related costs of recruitment, restaffing, and training; and WHEREAS, Cost-of-living analyses show that almost everywhere in the United States, even a single low-wage worker needs to make at least $15 an hour to cover basic living costs, and in some communities and regions, workers supporting families require much more; now, therefore, be it RESOLVED, That the 85th Legislature of the State of Texas hereby express support for a $15 per hour minimum wage.