More than 20 states rang in the New Year by raising the minimum wage. The highest minimum wages are in the $16 to $17 range.
“And, according to our analysis, that is going to increase wages for almost 10 million workers,” said Sebastian Martinez Hickey, who tracks the minimum wage at the Economic Policy Institute.
He says more than half the workers getting a minimum wage hike are women. About 11% are Black, and more than a third are Hispanic.
Marketplace
January 3, 2024
The Economic Policy Institute, a progressive think tank, says Michigan is one of 22 states boosting its minimum wage in 2024. The EPI also says mandatory minimum wage increases will not affect most workers because employers are paying more than that in a tight labor market.
WGVU (Michigan)
January 3, 2024
According to the Economic Policy Institute, about 6 in 10 workers who will benefit from higher mandated pay are women.
CBS Minnesota
January 3, 2024
The change will directly increase the pay of an estimated 150,700 Ohioans who currently receive less than $10.45 per hour, according to the Economic Policy Institute, a left-leaning Washington, D.C., think tank.
Tribune News Service
January 3, 2024
On Jan. 1, 22 states will bump up their minimum wage, according to a report from the Washington, D.C. think tank Economic Policy Institute (EPI). The increases come by way of ballot measure, legislation and inflation adjustment measures, and are expected to add anywhere from $216 to $1,380 to the annual earnings of almost 10 million workers.
Money Magazine
January 3, 2024
Business Insider
January 3, 2024
Almost half of the 17.6 million people making less than $15 an hour live in those 20 states, according to the Economic Policy Institute.
Newser
January 3, 2024
9.9 million: The number of Americans who will get a pay raise on New Years Day, when the minimum wage in 22 states increases. The left-leaning Economic Policy Institute estimates that those wage hikes will mean workers earn an additional $6.95 billion in the coming year. (The Hill)
Pluribus News
January 3, 2024
“These increases will also bring important benefits to working families. More than a quarter (25.8%) of affected workers are parents, or more than 2.5 million people. In total, 5.6 million children live in households where an individual will receive a minimum wage increase,” – Economic Policy Institute.
KIKN
January 3, 2024
Starting on Jan. 1, the pay increases will raise the wages for 9.9 million employees, and the Economic Policy Institute (EPI) projects that the boost in pay will add up to an extra $6.95 billion in additional wages from state minimum wage increases.
FOX 32
January 3, 2024