The Raise the Wage Act would raise the pay of more than 32 million U.S. workers: Number of workers (in millions) who would benefit if the federal minimum wage were increased to $15 by 2025

Year Directly affected Indirectly affected
2021 3.28 5.00
2022 6.59 7.07
2023 13.30 8.65
2024 18.67 10.19
2025 22.05 10.13

Note: Directly affected workers will see their wages rise to the new minimum wage; indirectly affected workers have wages just above the new minimum (up to 115% of the new minimum) and will receive a raise as employer pay scales are adjusted upward.

Source: Economic Policy Institute Wage Simulation Model; see Technical Methodology by Cooper, Mokhiber, and Zipperer (2019).

View the underlying data on epi.org.