Affected workers and wage increases for a federal contractor minimum wage of $15 in 2022, by demographic group

Affected contract jobs (thousands)
Overall 390
Black or Hispanic 200
Women 187
Average annual increase in pay for year-round workers (2021$)
Overall $3,100
Black or Hispanic $3,500
Women $3,100
Total annual increase in pay for year-round workers (millions, 2021$)
Overall $1,190
Black or Hispanic $692
Women $584

Source: Authors’ analysis using FY2020 federal contract obligations from USA Spending; input-output tables from 2019 BLS employment requirements data and EPI Minimum Wage Simulation Model results.

View the underlying data on epi.org.