A new year will bring more pay for millions of Americans, according to a new study from the Economic Policy Institute (EPI).
On New Year’s Day, 22 states will raise their minimum wage, giving nearly 9.9 million Americans a pay raise. In total, workers will receive $6.95 billion in additional wages from the increases.
The Hill
January 3, 2024
The minimum wage increase will affect 9.9 million workers, according to an Economic Policy Institute report. The increase will equate to just under $7 billion.
The Messenger
January 3, 2024
New York is one of 22 states getting minimum wage rises in the new year, according to a recent report by the Economic Policy Institute.
Associated Press
January 3, 2024
According to the Economic Policy Institute, on Jan. 1, 22 states will increase their minimum wages, raising pay for an estimated 9.9 million workers. In total, workers will receive $6.95 billion in additional wages from state minimum wage increases.
St. Louis Post Dispatch
January 3, 2024
On Jan. 1, 22 states — including Michigan — will increase their minimum wages, raising pay for an estimated 9.9 million workers. According to the Economic Policy Institute, the increases will provide support to many workers and families in need. Almost one in five workers getting a raise Jan. 1 have incomes below the poverty line. More than a quarter of the affected workers are parents.
Iron Mountain Daily News
January 3, 2024
Minimum-wage workers in 22 states are going to see more money in their paychecks in the new year.
Those increases will affect an estimated 9.9 million workers, according to the Economic Policy Institute (EPI), which estimates that those bumped wages will add up to an additional $6.95 billion in pay.
NPR
January 3, 2024
In total, an estimated 9.9 million workers will see additional wages thanks to the increased rate, equating to $6.95 billion in wages, according to an analysis from the Economic Policy Institute (EPI).
Fast Company
January 3, 2024
Higher minimum wages will go into effect on January 1 across 22 states, giving an economic boost to almost 10 million workers, according to a recent estimate.
The higher baseline wages will deliver almost $7 billion in additional annual wages to about 9.9 million workers, the left-leaning Economic Policy Institute said in a research post on December 21. The increases will boost the baseline pay to at least $16 an hour in three states: California, New York and Washington.
CBS Moneywatch
January 3, 2024
The Economic Policy Institute found that Black workers are disproportionately disadvantaged in the labor markets. Though differences between education and skills are often used to explain the 2-to-1 disparity in unemployment, Black Americans have made substantial gains in high school and college completion over the last 45 years, yet the employment gap has not changed. Black workers also earn 24.4% less per hour than the typical white worker.
Diversity Global Magazine
December 21, 2023
In the latest generation-defining tech disruption, the labor movement is setting boundaries in a welcome correction and lesson from the failures and dysfunctions of the social web era.
“Unions are a tool for protections where there is a lack of federal oversight and laws,” said Margaret Poydock, a senior policy analyst at the Economic Policy Institute.
Yahoo Finance
December 21, 2023