Figure B
The Raise the Wage Act would raise the pay of more than 32 million U.S. workers: Number of workers (in millions) who would benefit if the federal minimum wage were increased to $15 by 2025
| Year | Directly affected | Indirectly affected |
|---|---|---|
| 2021 | 3.28 | 5.00 |
| 2022 | 6.59 | 7.07 |
| 2023 | 13.30 | 8.65 |
| 2024 | 18.67 | 10.19 |
| 2025 | 22.05 | 10.13 |
Note: Directly affected workers will see their wages rise to the new minimum wage; indirectly affected workers have wages just above the new minimum (up to 115% of the new minimum) and will receive a raise as employer pay scales are adjusted upward.
Source: Economic Policy Institute Wage Simulation Model; see Technical Methodology by Cooper, Mokhiber, and Zipperer (2019).
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