Center for American Progress: Minimum wage increase would help workers of color

Center for American Progress: Minimum wage increase would help workers of color

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Senate Majority Leader Harry Reid has calendared a vote on increasing the minimum wage to $10.10/hour on Wednesday.

Last week, the Center for American Progress released an infographic showing how raising the minimum wage from $7.25/hour to $10.10 an hour would benefit workers of color.

Over 12 million black, Asian, and Hispanic workers would see their wages increase by $16.1 billion. When broken down, Asian workers would gain $2.4 billion, black workers would gain $5.2 billion, and Hispanic workers would add $8.5 billion to their wages.

Black and Latino families were hit particularly hard in the last economic recession. The average wealth of white families is about six times that of black and Latino families. Raising the minimum wage would take a step towards remedying that inequality.

Pro-business conservatives have argued that raising the minimum wage would cost the economy jobs.

2 COMMENTS

  1. What is left unsaid in all of this is that although the minimum wage has increased over the past twenty years, salaries in general have not. They have remained stagnant or, in some cases, even fallen while prices of goods and services have continued to rise. Your dollar does not buy what it used to, not because of inflation, but because salaries have not kept up with inflation.

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