FMST 101 Study Guide - Final Guide: Married People, Anger Management, Belp
Document Summary
How the economy affects families (all of the slides: low-wage jobs. Adjusted for inflation, this is 18% lower than minimum wage 50 years ago. Person working full time earns ,500: nonstandard work hours. More shift work (weekends, evenings) and part-time work. Most common among african americans, men, and people in service occupations and/or hospital agencies. Greatest effect is on families and child care. Not having enough to afford basic needs. Generally u. s. does not have absolute poverty because this would result in massive levels of death. Not having enough to maintain an average standard of living. Minimum level of income necessary for basic subsidence. In 2013, the poverty line for a family of four was ,500. Poverty line originally set based on cost of food needed to survive. Does not include necessities such as housing and utilities. More than 50% of american mothers with a child younger than 1 year work.