A family of four supported by a minimum wage worker still living below the poverty line, even counting tax credits for working families. That’s why the President is calling on Congress to raise the Federal minimum wage to $9.00 and index it to inflation thereafter, so that working families can keep up with rising costs.
For America to succeed in the 21st century, we must have the most dynamic, educated workforce in the world, and that education has to start early in life.
President Obama is proposing to help low-income youth find summer and year-round jobs to teach our kids the real world skills they need to find a job, while also offering incentives to companies that hire the long-term unemployed.
The President has often said that there is no more important ingredient for success than strong, stable families and this means doing more to support parents and families.
This Administration is committed to ensuring children have the necessary nutrition for them to grow into healthy adults—helping them learn and better prepare for the jobs of the 21st century.
Financial capability means making informed and effective decisions about the use and management of money, and requires empowering every individual with the knowledge, skills, and access to tools to manage their finances effectively for long-term well-being.