Description:
The 2021 Raise the Wage Act would increase the federal minimum wage to $15 in 2025 and disproportionately benefit workers in child care. Table 1 shows the projected effects of the policy in 2025 relative to “business as usual” wherein the federal minimum wage remains at its current level of $7.25 per hour. The Raise the Wage Act would increase the pay of 32 million workers; these “affected” workers make up 21.2% of the overall wage and salary workforce. Because they are paid particularly low wages, child care workers are much more likely to be affected by the policy. Wages would rise for more than 560,000, or 43.5% of, child care workers. (author abstract)
Resource Type:
Reports & Papers
Publisher(s):
Country:
United States