Thursday, November 20, 2008
News Add It Up: Hard for the money
Posted by Mara Shalhoup on Thu, Nov 20, 2008 at 7:26 PM
Annual salary that an adult with one school-age child needs to earn in Fulton County to be considered self-sufficient: $33,200
Amount that a parent in Fulton County earning $33,200 should spend on transportation, monthly: $53
Cost of a 30-day MARTA pass: $52.50
Percentage of Fulton County’s working population that uses public transportation: 9.3
Maximum hourly wage that an adult with one child could earn and still fall below the federal poverty line: $6.75
Federal minimum wage: $6.55
Hourly wage that an Atlantan raising two children would have to earn to be self-sufficient: $19
Hourly wage a Bostonian would have to earn: $30
Rank of Atlanta among 11 cities surveyed for highest cost of self-sufficiency: 9
Rank of Boston: 1
Percentage increase in the number of Fulton County residents who filed first-time unemployment claims in October 2008 versus October 2007: 66
Percentage increase in both Cobb and Gwinnett counties: 83
Sources: 2008 Self-Sufficiency Standard for Georgia, Georgia Department of Labor
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