States with and without minimum wage increases had similarly improving labor market conditions between 2018 and 2019: Changes in the unemployment rate and employment-to-population ratio, by presence of 2019 state minimum wage increases, 2018--2019
States with minimum wage increases | States without minimum wage increases | |
---|---|---|
Unemployment rate | -0.251 | -0.18 |
Employment-to-population ratio | 0.43 | 0.31 |
Source: Economic Policy Institute analysis of Current Population Survey microdata from the U.S. Census Bureau