Over 9.2 million workers across the U.S. will see their paychecks grow as the minimum wage rises in 21 states. The change — effective Jan. 1, 2025 — represents an overall pay increase of $5.7 billion per year, according to the Economic Policy Institute (EPI), a nonprofit think tank.
Quartz
January 8, 2025
In a 2020 paper on the system, the left-leaning Economic Policy Institute described it as an important but “deeply flawed” program for attracting skilled workers, saying it enables U.S. companies to “legally underpay” foreign workers relative to their U.S. counterparts.
Huffpost
January 8, 2025
In some states, the minimum wage increases are modest, according to a December report from the Economic Policy Institute. For example, Alaska’s minimum wage rose by just 18 cents. But in five states — Delaware, Illinois, Missouri, Nebraska and Rhode Island — the hike is $1 or more.
Money Magazine
January 8, 2025
The new year means higher pay for minimum wage workers in other states across America, too. An Economic Policy Institute analysis says 21 states will be increasing minimum wage pay in 2025.
With that, about nine-point-two million workers are expected to be getting boosts to their paychecks. Forty-eight cities and counties will also lift pay above their respective state minimums.
Your Alaska Link
January 8, 2025
More than nine million U.S. workers across 21 states got a pay bump on Wednesday as the new year ushered in new increases to minimum wage.
The increases ranged from 18 cents to $1.75 per hour. Pay went up by $5.7 billion in total from 2024 to 2025, according to the economic research think tank the Economic Policy Institute (EPI). The EPI found that the majority of workers getting a raise, almost three in five, are women and about half are full-time workers.
Entrepreneur
January 8, 2025
The Economic Policy Institute, a think tank that studies the effect of minimum wage, issued a report which estimated that 9.2 million workers will see their wages increase by a total of $5.7 billion.
The federal minimum wage of $7.25 has not increased in 15 years.
New York Post
January 8, 2025
This year, minimum-wage workers in 21 states will see bigger paychecks. Wages will impact around 9.2 million workers and raise pay by a total of $5.7 billion, according to the Economic Policy Institute.
NPR Up First Newsletter
January 8, 2025
The H-1B program requires employers to pay “prevailing wages” for their job postings. But 60% of the positions certified by the government are assigned wage levels well below the local median wage for the occupation, according to a 2020 paper from the Economic Policy Institute.
The Wall Street Journal
January 8, 2025
The minimum wage is rising in 21 states on Jan. 1, with an estimated 9.2 million workers getting a mandated raise, according to the Economic Policy Institute, a left-leaning research group.
New York Times
January 8, 2025
Of the 21 states that will see an increase, 14 are subject to inflation-based adjustments as part of existing minimum wage laws, per a report from the left-leaning think tank Economic Policy Institute. The EPI report estimated that full-time impacted workers in those states will see their annual earnings increase by $420 on average.
Business Insider
January 8, 2025