Rev. Dr. Frederick D. Haynes, III along with local and national clergy, elected officials and workers called on President Obama to sign an executive order to raise the wages of employees of federal contractors from poverty wages to living wages.
The Federal goverment is the largest low-wage employer in the United States. The goverment employs nearly 2 million low-wage workers; that’s more than Walmart and McDonald’s combined.
According to a recent report by Demos, federal contracts pay top executives over $24 billion while workers live on poverty wages. If federal contract compensation was capped for CEOs and top executives, full-time workers could receive an annual increase of $14,000.
#PHOTOS: Good Jobs National Day of Prayer