Some other states have not seen an increase since the federal minimum wage last rose from $6.55 to $7.25 on July 24, 2009. According to the Economic Policy Institute, there were 31 states affected by that increase, but several states have since raised their wages since then, such as New York and Maryland.
Business Insider
February 12, 2021
The Economic Policy Institute estimates that nearly a third of all Black workers would get a raise under the Raise the Wage Act. The Congressional Budget Office estimates that it could also raise wages for 17 million workers overall. Another 10 million workers earning just above $15 could also see an increase.
People's Weekly World
February 12, 2021
What is more, the investment would pay dividends for school systems. The Economic Policy Institute found that for every $1 invested in capital improvements to education facilities, $1.50 in eventual economic development in the community is generated. A Quarterly Journal of Economics study found that educational advancement, housing prices and school enrollment increases follow suit.
The Daily Free Press
February 12, 2021
For a Columbia resident with no children, the cost of living is approximately $35,325 considering housing, food, child care, transportation, health care and other expenses, according to the Economic Policy Institute.
The State
February 12, 2021
According to the data from the Economic Policy Institute, while 27 percent of the total US workforce would benefit from the raise: 39 percent of Black and Latina women would benefit (vs. 18 percent of white men); 38 percent of African American workers would benefit; 33 percent of Latino workers would benefit; and 32 percent of women workers would benefit (vs 22 percent of men).
Nation of Change
February 11, 2021
Brown recently introduced the Raise the Wage Act of 2021, which would gradually increase the federal minimum wage to $15 by 2025. 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.
Sen. Sherrod Brown
February 11, 2021
Still, there are some compelling reasons to direct economic aid to mothers specifically, depending on what problem you’re trying to solve, says Elise Gould, an economist with the Economic Policy Institute. Extra income has a more positive impact on child poverty when mothers, rather than fathers, are the recipients of that money, research has found. But childhood poverty is yet another complex problem, and it is not the one the Marshall Plan group explicitly set out to address with this campaign.
Fortune
February 11, 2021
De Marco’s words point to a major blind spot within the study on minimum wage and HIV rates: the failure to consider employment trends. According to the Economic Policy Institute, even before the coronavirus-related economic depression, one in nine people in the U.S. working full-time schedules were paid amounts that left them in poverty, and Black and Latinx people were almost twice as likely as white people to be paid poverty-scale wages.
The Body
February 11, 2021
The Economic Policy Institute estimates that nearly a third of all Black workers would get a raise under the Raise the Wage Act. The Congressional Budget Office estimates that it could also raise wages for 17 million workers overall. Another 10 million workers earning just above $15 could also see an increase.
Other Words
February 11, 2021
Politifact
February 11, 2021