Table 1
More than 500,000 Alaska and Missouri workers will benefit from coming minimum wage increases: Number of affected workers, share of wage-earning workforce affected, and wages gained from Alaska and Missouri minimum wage ballot measures
| Total number of affected workers | Share of wage-earning workforce | Total increase in wages | |
|---|---|---|---|
| Alaska | 30,800 | 9.7% | $51,141,000 |
| Missouri | 518,300 | 21.6% | $599,052,000 |
| Total | 549,100 | $650,193,000 |
Note: Alaska results are through 2027. Missouri results through 2026. All values in 2023 dollars.
Source: Economic Policy Institute Minimum Wage Simulation Model; 2015–2019 5-year ACS data pinned to 2023 CPS wage distribution. Employment scaled to match 2023 CPS labor force size. For more details see technical methodology.
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- State Unemployment by Race and Ethnicity
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- Nearly half of U.S workers will live in states with at least a $15 minimum wage by 2027: Alaska and Missouri became the latest states to enact a $15 minimum wage
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