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Trump's RFK Jr pick leads to stock sell-off by pharmaceutical companies; Mississippians encouraged to prevent diabetes with healthier habits; Ohio study offers new hope for lymphedema care; WI makes innovative strides, but lags in EV adoption.

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Matt Gaetz's nomination raises ethics concerns, Trump's health pick fuels vaccine disinformation worries, a minimum wage boost gains support, California nonprofits mobilize, and an election betting CEO gets raided by FBI.

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Lower voter turnout in cities, not the rural electorate, tipped the presidential election, Minnesota voters OK'd more lottery money to support conservation and clean water, and a survey shows strong broadband lets rural businesses boom.

More Workers Find Denver Unaffordable

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Wednesday, May 20, 2015   

DENVER - A restaurant dishwasher would have to clock 61 hours a week to afford to live in the Mile High City. Things aren't much better for housekeepers, who'd need to put in 59 hours - or janitors, who'd need to work 51 hours a week, according to a new Colorado Fiscal Institute study of wages versus the cost of living in Denver.

Chris Stiffler, an economist and the report's author, said those numbers are just for single workers.

"So, the typical fast-food worker has to work 62 hours a week to afford to live in Denver as a single individual," he said, "but if they are a single parent, those numbers jump up to 114 hours."

The study used a "Family Budget Calculator" developed by the Economic Policy Institute to measure the cost of housing, food, transportation and other necessities, and added Denver-specific wage data. Stiffler said the results show that more than 30 percent of Denver's workforce isn't paid enough to afford living within the city limits. He said many get by working multiple jobs, living with roommates and enrolling in public-assistance programs.

The study also found that Denver, like the rest of Colorado, has seen a rise in the share of low-wage jobs - or what Stiffler called "economy-busting jobs." He said since 70 percent of the economy is driven by consumer spending, when workers don't earn enough to cover basic needs, thousands of Coloradans can't spend much and the economy overall takes a hit.

"We're developing a whole legion of low-income workers who don't have enough disposable income to even make ends meet and afford the basic necessities," he said, "and that forces them to rely on public assistance just to get by."

It isn't that the money's not out there, it's just not being circulated downward, Stiffler said. Nationally, he said, corporate profits are at a record high, while the share that goes to wages is at a 50-year low.

The study is online at coloradofiscal.org.


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