Table 1
Connecticut minimum wage benchmarks
| Federal minimum wage | Conn. minimum wage | Proposed increases | |||||
|---|---|---|---|---|---|---|---|
| In 1968 | In 2018 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Nominal value | $1.60 | $7.25 | $10.10 | $10.10 | $12.00 | $13.50 | $15.00 |
| Real value (2018$)* | $10.15 | $7.25 | $10.10 | $9.87 | $11.44 | $12.55 | $13.61 |
| Percent of 1968 value (based on CPI-U-RS) | 100.0% | 71.4% | 99.5% | 97.2% | 112.7% | 123.7% | 134.1% |
| Gap between minimum and median wage** | $10.07 | $15.13 | $15.64 | $16.00 | $14.08 | $13.56 | $12.63 |
| As a percent of state full-time, full-year median wage** | 52.8% | 32.4% | 39.2% | 38.2% | 45.8% | 48.1% | 51.9% |
* Projected real values based on projections for the CPI in CBO 2018.
** Projections for median wage growth assume 0.5% real wage growth, i.e., 0.5% above inflation.
Source: EPI analysis of the Fair Labor Standards Act and amendments, Connecticut H.B. 5004, and Current Population Survey (CPS) Annual Social and Economic Supplement microdata
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