Table 2

A $15 minimum wage in 2025 would raise pay for workers broadly across demographic categories: Demographic characteristics of workers who would be affected by the Raise the Wage Act of 2021

Group Total estimated workforce (millions) Total affected (millions) Share of group who are affected Group’s share of total affected
All workers 151.7 32.2 21.2% 100.0%
Gender
Women 73.5 19.0 25.8% 59.0%
Men 78.3 13.2 16.9% 41.0%
Age
Age 19 or younger 5.4 3.3 60.4% 10.1%
Age 20 or older 146.3 28.9 19.8% 89.9%
Ages 16–24 20.6 11.0 53.3% 34.2%
Ages 25–54 99.2 16.5 16.7% 51.4%
Age 55 or older 31.9 4.7 14.6% 14.5%
Family status
Married parent 38.3 4.6 11.9% 14.2%
Single parent 13.9 4.4 31.6% 13.7%
Married, no children 39.2 5.0 12.8% 15.5%
Unmarried, no children 60.3 18.2 30.2% 56.6%
Family income
Less than $50,000 46.6 18.2 39.0% 56.5%
$50,000–$99,999 48.9 8.4 17.2% 26.2%
$100,000 or more 54.9 4.9 8.9% 15.3%
Work hours
Less than full time (< 35 hours) 30.7 13.2 43.0% 41.0%
Full time (35+ hours) 121.0 19.0 15.7% 59.0%

Source: Economic Policy Institute Wage Simulation Model; see Technical Methodology by Cooper, Mokhiber, and Zipperer (2019).

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