National Minimum Wage Law Would Cover One-Third of Workers
Created on July 26, 2016
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Read the original report, "Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs," by James Sherk.
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Currently, minimum wage laws apply to about 6 percent of all wage and salary workers. If the federal minimum wage were increased to $15 per hour, 21 to 50 percent of workers would be affected, varying by state.
Sources: Heritage Foundation analysis of data from the National Bureau of Economic Research, Current Population Survey-Outgoing Rotation Group, 1979–2015; historical state and federal minimum wage rates; and the proposed minimum wage schedule in Pay Workers a Living Wage Act, S. 1832. See Appendix for details.
CHART 1 • IB 4596
Tags: minimum-wage, 15-hour, Pay-Workers-a-Living-Wage-Act, jobs