Table 2

There are still more workers in states that use the federal minimum wage than in states with a $15 minimum wage: Number of workers and share of total workforce by minimum wage status in 2024 and by 2027

Workers in states with at least a $15 minimum wage Workers in $7.25 states
In 2024 By 2027 In 2024
Number of workers  44,971,800 76,134,300  58,960,500
Share of total workforce 28.4% 48.1% 37.2%
Economic Policy Institute

Notes: "By 2027" analysis includes Arizona, Colorado, Maine, and Oregon which are projected to reach $15 an hour by 2027 due to annual inflation adjustments. "By 2027" does not include Virginia which could reach $15 an hour by 2027 if the state's scheduled increases are reauthorized by the state legislature and governor.

Sources: EPI analysis of state minimum wage policies and BLS Current Employment Statistics total nonfarm employment for October 2024.

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