Credit: Unsplash/CC0 Public Domain
Congress just missed one of its best shots at improving health when the Senate failed to advance a bill that . Study after study has linked higher income .
Consider that a well-paying job, by definition, increases household income. That, in turn, means increased access to good nutrition, heat and a safe environment. It also means adequate . With that job, you'll likely make more visits to primary care doctors, dentists and specialists who work in preventive care.
An inadequate income does none of these things. Instead, to psychological stress, malaise, . This is one reason those who move off welfare benefits and gain employment improve their .
I am not an economist. But I am a . I can tell you that research shows that a well-paying job translates to . For example, researchers in 2016 found that the on average than the poorest 1% of men.
Employment benefits
Numerous studies show to self-esteem, purpose and identity. It provides relationships, social connections, social status and regular productive activity; a job is an integral part of a person's identity. Its loss threatens that identity, which is why in mental health. When compared with their employed counterparts, unemployed Americans to receive a diagnosis of depression.
One study found that people with a disability who were employed were less likely to have frequent , than those with a disability who were not employed (18% vs. 40%). This finding held up even when accounting for demographics and individual characteristics.
A brief history of the minimum wage.
A possible solution
Many economists have long criticized unemployment benefits because of their on the willingness to work. The is $320 weekly; the amount varies by state. The American Rescue Plan, recently passed to provide economic aid to million of Americans hit hard by the pandemic, .
Compare that to the current federal : $7.25 an hour. That's $290 for a 40-hour week, less than what unemployment benefits pay. That means, for millions of Americans, being employed means less income. With the federal supplement, 63% of workers currently than they would with a minimum-wage job. Reduce the federal supplement to only $100 a week, and 25% of the workforce would still make more on unemployment.
Which raises the question: Why not increase the minimum wage—at least enough to make it more than unemployment benefits? That way, more people would be motivated to seek jobs.
That may not happen soon, if at all. President Biden's plan to raise the federal minimum wage to $15 per hour of the $1.9 trillion COVID-19 aid package. And it's true there's a downside: Raising the minimum wage can reduce the number of jobs available. A on Biden's proposal says the raise would lift 900,000 people out of poverty, but it would also kill 1.4 million jobs over four years.
That said, people who are fit to work should be encouraged to seek, not shun, employment. With unemployment benefits more than the basic minimum wage in many states, we are sending the wrong message to millions. There's more to a higher minimum wage than just more money. It also means more happiness, better health and a longer life.
Provided by The Conversation
This article is republished from under a Creative Commons license. Read the .