Asset Based Loan

Percentage of Minimum Wage Workers among the highest in West Virginia

The percentage of workers in the workforce that are compensated at the minimum wage rate is among the highest in West Virginia, where 7.4% of the workers are paid at the minimum wage rate.

The national percentage of workers that are at the minimum wage rate averages 5.2%.    This represents a percentage in West Virginia that is 42% higher than the national average.   Of the 462,000 workers, 20,000 earned exactly the Federal Minimum wage of $7.25 per hour.   In 2006, the percentage was only 3.0%.    In 2010 the percentage of West Virginia workers that were paid the federal minimum wage peaked as high as 9.3% of the workforce.    The percentage of these workers that were women peaked as high as 68%