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Determining the Effect of the Minimum Wage on Income Inequality

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Determining the Effect of the Minimum Wage on Income Inequality

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This essay discusses the relationship between minimum wage and income inequality. It looks at how the poverty would change if minimum wage increases and also compares America's policy to those of other countries around the world.

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This is the official Instagram page for Economic Policy Institute, an organization that provides economic research and analyzes the economic impact of policies and proposals.

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This is the website for Fight For $15, an American political movement advocating for the minimum wage to be raised to $15 per hour.

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The Fight for $15 began in 2012 when two hundred fast-food workers walked off the job to demand $15/hr and union rights in New York City.

Today, we're a global movement in over 300 cities on six continents.

We are fast-food workers, home health aides, child care teachers, airport workers, adjunct professors, retail employees - and underpaid workers everywhere.

McDonald's and low-wage employers everywhere are making billions of dollars in profit and pushing off costs onto taxpayers, while leaving people like us - the people who do the real work - struggling to survive.

We can't feed our families, pay our bills, or even keep a roof over our heads on minimum wage pay.

When we first took the streets, the skeptics called us dreamers. They said a $15 wage was "unwinnable."

We didn't listen. We organized and we fought for what we knew was right.

We didn't win these increases because we elected supportive politicians to office. We won because we made them support us. That's the power of direct action, of taking to the streets, of organizing.

We've already won raises for 22 million people across the country - including 10 million who are on their way to $15/hr - all because workers came together and acted like a union.

And we will keep on fighting, no matter the challenge. We won't back down.

Stand with us by liking us on Facebook or following us on Twitter.
Read our top press clips here.
Media contact: press@fightfor15.org

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The Fight for $15 began in 2012 when two hundred fast-food workers walked off the job to demand $15/hr and union rights in New York City. Today, we're a global movement in over 300 cities on six continents. We are fast-food workers, home health aides, child care teachers, airport workers, adjunct professors, retail employees -...

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This is the official Instagram page for American Enterprise Institute, an organization that researches government, politics, economics, and social welfare.

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In this Economist video, they provide solid economic arguments for the increase in the minimum wage that show contrary to supply/demand the wage situation.

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The minimum wage: does it hurt workers? | The Economist

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This video shows Steve Liesman arguing the benefits and costs of the minimum wage, offering facts for both sides of the debate.

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Here are both sides of the $15 minimum wage debate

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https://irle.berkeley.edu/files/2019/02/The-Employment-Effects-of-a-15-Minimum-Wage-in-the-US-and-in-Mississippi.pdf
This essay details the effects of a minimum wage on the labor market, the cost to those employing labor, and those cost for consumers. They found the negative effect of a $15 minimum wage was overstated with the exception of a few industries and businesses, but the benefits to some degree were also overstated.

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NYC minimum wage hike to $15 an hour is causing pain for many of the city’s restaurants

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NYC minimum wage hike to $15 an hour is causing pain for many of the city’s restaurants

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This graph demonstrates how increasing minimum wage can have adverse affects. While employees may be benefiting, employers are suffering as their costs are largely increasing.

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A think tank researching the economic policy issues that affect working Americans.

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EPI Data Library - Wages by percentile and wage ratios

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This photo details the increase in minimum wage by state in the year 2020. Source: https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/these-21-states-are-raising-their-minimum-wage-for-2020-163113231.html

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The federal minimum wage has not been raised since 2009. In the absence of action at the national level, many states and localities have raised their own minimum wages. Explore the map to see how these rapidly changing laws differ across the country, and read EPI’s recent research explaini…

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How a $15 Federal Minimum Wage Might Affect the Economy

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How a $15 Federal Minimum Wage Might Affect the Economy

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The Wall Street Journal takes a look at the potential affects of Biden's administrations plans to raise minimum wage.

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How a $15 Federal Minimum Wage Might Affect the Economy | WSJ