Over 8 Million to Get Raise on New Year's As States Hike Minimum Wage
Workers in some states will see their paychecks this year rise by hundreds, if not nearly a thousand, dollars.
Source: businessinsider.com
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Lowest Earning Americans Got a Pay Cut, While Richest Made More
The top 1% of earners made 14.6% of all wages in 2021, while the bottom 90% earned their lowest share on record.
Source: businessinsider.com
Higher Minimum Wage Added $87.6B to Economy, Cut Racial Wealth Gaps
Black workers saw their median net worth grow by 174% from 2013 to 2019 in states that raised their minimum wages.
Source: businessinsider.com
Who Earns the Minimum Wage -- Single Parents or Suburban Teenagers?
Raising the minimum wage will not help low-income workers or singleparents.
Source: heritage.org
Minimum Wage Workers' Incomes Rise When the Minimum Wage Does Not
Congress has not raised the federal minimum wage since 1997, and some Members of Congress say that a raise is overdue to help low-income workers get ahead.[1] These lawmakers appear to believe that low-income workers will not get a raise unless the government steps in to help them.
Source: heritage.org