Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

The difference a higher minimum wage makes

Jan 20, 2022
A record number of states and cities are raising their minimum wage this year, according to a tally from the National Employment Law Project.
An activist marches in a demonstration Washington, D.C. A higher minimum wage, experts say, give people in lower-waged positions more bargaining power.
Anna Moneymaker via Getty Images

Senate Democrats may drop backup plan to raise minimum wage

It’s now unclear whether the final bill will include a minimum wage hike.
The House passed a COVID relief bill over the weekend that does include a provision for raising the minimum wage to $15 an hour.
Brendan Smialowski/AFP via Getty Images

$15 minimum wage would reduce poverty but cut jobs, CBO says

The CBO report says a $15 minimum wage would pull 900,000 people out of poverty but cost almost 1.5 million jobs.
Service industry workers listen to remarks and hold up signs during a rally at the National Mall on Jan. 26, 2021 in support of the introduction of the Raise the Wage Act, which includes a $15 minimum wage for tipped workers and is also included in President Biden's American Rescue Plan.
Jemal Countess/Getty Images for One Fair Wage

Florida voters approve $15-an-hour minimum wage

Nov 4, 2020
Hourly wages for some 2.5 million workers in the state will rise to $10 next year, then a dollar a year through 2026.
Voters cast their ballots at a fire station in Miami, Florida, on Nov. 3, 2020.
Eva Marie Uzcategui/AFP via Getty Images