Minimum Wage Tracker | Economic Policy Institute

135 rows · Jan 1, 2002 · In states with no minimum-wage law (Alabama, Louisiana, Mississippi, South Carolina, and Tennessee) or minimum wages below the federal minimum wage (Georgia and Wyoming), the federal minimum wage of $7.25 applies.

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Minimum Wage Tracker | Economic Policy Institute

21 hours ago

epi.org

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Exploring EPI’s Minimum Wage Tracker - Economic Policy Institute

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Aug 6, 2015 · The federal minimum wage has languished at $7.25 since 2009. As inflation erodes the real value of the federal minimum, twenty nine states (and D.C.) have taken it upon …

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New Year, More Money: 21 States To Increase Minimum Wage : NPR

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Jan 1, 2025 · Those wage increases will impact an estimated 9.2 million workers and raise pay by a total of $5.7 billion, according to the Economic Policy Institute, a think tank that publishes …

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Raising The Minimum Wage To $15 By 2024 Would Give 41 Million …

21 hours ago

A total of 41.5 million workers would benefit from this proposal, 29.2 percent of the wage and salary workforce. “If we raised it to $15 by 2024, for the first time ever, the minimum wage …

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Why America Needs A $15 Minimum Wage | Economic Policy …

21 hours ago

Unless otherwise indicated, the figures presented in this fact sheet come from David Cooper, Raising the Federal Minimum Wage to $15 by 2024 Would Lift Wages for 41 Million Workers, …

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Why America Needs A $15 Minimum Wage - Economic Policy …

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David Cooper, Raising the Federal Minimum Wage to $15 by 2024 Would Lift Wages for 41 Million Workers, Economic Policy Institute, April 26, 2017. Impact of the Fight for $15: 68 …

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Minimum Wages, Efficiency, And Welfare - The Econometric Society

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Jan 1, 2025 · The minimum wage that maximizes the efficiency component of welfare lies below $8.00 and yields gains worth less than 0.2% of lifetime consumption. When we add back in …

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New Survey: 62 Percent Of Economists Oppose $15 Federal …

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WASHINGTON, D.C. (April 28, 2022) — Today, the Employment Policies Institute (EPI) released a new survey reflecting labor economists’ views of a federal $15 minimum wage conducted by …

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FAQs about Minimum Wage Tracker | Economic Policy Institute Coupon?

How does minimum wage policy vary across states?

The minimum wage varies significantly across states. EPI’s minimum wage tracker provides information on state, local, and federal minimum wage policy. Here are some notable trends and data points: Five states do not have a minimum wage. ...

What is the current federal minimum wage?

The federal minimum wage is currently $7.25 since 2009. However, twenty nine states (and D.C.) have raised their state minimum wages. ...

Which states have a minimum wage?

Alabama, Louisiana, Mississippi, South Carolina, and Tennessee defer to the federal minimum wage of $7.25 in the absence of any state laws. Wyoming and Georgia are the only states with a minimum wage lower than the federal minimum of $7.25, with a minimum wage of $5.15 in both states. However, the federal minimum wage still applies in these states. ...

What is the low wage workforce tracker?

The Low Wage Workforce Tracker shows the current and historical number of workers paid low wages in the U.S. economy, by different wage thresholds and demographic groups. Understanding the scope of low pay in this country is a critical step in fixing the problem and ultimately creating a more equitable economy. ...

Will indexing help protect the minimum wage?

By 2019, 15 states and D.C. will protect their minimum wages from erosion through indexing*. Seven localities currently use indexing, and 13 will do so in the future.* ...

Will a $15 minimum wage raise 41 million workers?

David Cooper, Raising the Federal Minimum Wage to $15 by 2024 Would Lift Wages for 41 Million Workers, Economic Policy Institute, April 26, 2017. Impact of the Fight for $15: 68 Billion in Raises, 22 Million Workers, National Employment Law Project, November 2018. ...