A study by the Economic Policy Institute found that the Raise the Wage Act would deliver about $3,500 annually for year-round Black and Brown workers.
- A $15 federal minimum wage would benefit 31% of Black workers and 26% of Latinos.
- Almost one in four (23%) of those who would benefit is a Black or Latina woman.
QCityMetro
January 27, 2021
The Raise the Wage Act of 2021 would increase the federal minimum wage to $15 in five steps over the next four years. Beginning in 2026, the federal minimum wage would be indexed to median wage growth. According to an independent analysis conducted by the Economic Policy Institute, the Raise the Wage Act would increase wages for nearly 32 million Americans, including roughly a third of all Black workers and a quarter of all Latino workers.
Western Slope Now
January 27, 2021
- The most recent analysis from the Economic Policy Institute found that increasing the minimum wage to $15 by 2025 would generate $107 billion in higher wages. Their earlier analysis indicates that an increase from $7.25 to $9.80 per hour between 2012 and 2014 would have generated “approximately 100,000 new jobs.”
Center for American Progress
January 27, 2021
According to an independent analysis by the Economic Policy Institute, the Raise the Wage Act would increase wages for nearly 32 million Americans, including roughly a third of all Black workers and a quarter of all Latino workers.
WDTN-TV
January 27, 2021
The left-leaning Economic Policy Institute estimates that weekly wages for men not enrolled in a union would be $52 higher today if union representation had remained at its 1979 level. That’s $2,074 a year. For women, that would mean a $13.80 increase in weekly wages, or $745 a year.
Bangor Daily News
January 27, 2021
“Even if there were not a pandemic, it’s well overdue,” said economist Ben Zipperer of the Economic Policy Institute.
Opponents argue that raising the minimum wage would hurt businesses and force job cuts. The Congressional Budget Office estimated in 2019 it could lead to the loss of 1.3 million jobs.
“Those kinds of scare stories are theoretically possible, but they don’t actually play out in the data,” said Zipperer.
CBS News
January 27, 2021
Though the benefits of an increased federal minimum wage is still debated among economists, David Cooper of the Economic Policy Institute says there’s growing opinion that it would help the economy overall.
Click Lancashire Independent News
January 27, 2021
Baldwin’s office cited a report by the Economic Policy Institute that state’s the legislation, dubbed the Raise the Wage Act, would increase the pay for 32 million Americans, including approximately 1 in 3 of Black workers and a quarter of Latino workers.
The Associated Press
January 27, 2021
An estimated 32 million people would benefit from the bill introduced Tuesday by the House of Representatives to raise the federal minimum wage to $15 per hour by 2025, the progressive Economic Policy Institute (EPI) finds. And the majority of those affected would be essential and front-line workers.
CNBC
January 27, 2021