Skip to content Skip to footer
|

Study: Raising the Minimum Wage Especially Benefits Women

A new report from the Economic Policy Institute finds that, while raising the minimum wage to the proposed $9.80 level would have a significant impact on about 28 million low-income workers, it would especially benefit women.

A group of House Democrats are seeking to increase the minimum wage to $9.80 per hour in order to help shrink the ever-increasing gap between the wealthiest Americans and struggling workers. This modest increase to the current $7.25 per hour would help catch the wage up to the rate of inflation, since the buying power of the 1968 minimum wage is the equivalent of about $10.55 an hour today.

A new report from the Economic Policy Institute finds that, while raising the minimum wage to the proposed $9.80 level would have a significant impact on about 28 million low-income workers, it would especially benefit women. As the report puts it, the fact that “women comprise 54.5 percent of workers who would be affected by a potential minimum-wage increase makes it a women’s issue”:

The impact on women varies by state, ranging from the highest percentage of affected women in Mississippi — where 64.4 percent of the low-wage workers who would benefit from a minimum wage hike are female — to 49.3 percent in both California and Nevada. However, California and Nevada are the only states where women do not make up the majority of the low-income workers who would be positively affected by a higher wage.

Despite the fact that millions of women would see their lives improve with an increased minimum wage, conservatives oppose initiatives to raise it, using tired arguments that it will kill jobs and hurt small businesses. In fact, studies show that a higher minimum wage does not impede job growth, especially because the nation’s biggest and most profitable corporations are the biggest employers of minimum wage employees.

We’re not backing down in the face of Trump’s threats.

As Donald Trump is inaugurated a second time, independent media organizations are faced with urgent mandates: Tell the truth more loudly than ever before. Do that work even as our standard modes of distribution (such as social media platforms) are being manipulated and curtailed by forces of fascist repression and ruthless capitalism. Do that work even as journalism and journalists face targeted attacks, including from the government itself. And do that work in community, never forgetting that we’re not shouting into a faceless void – we’re reaching out to real people amid a life-threatening political climate.

Our task is formidable, and it requires us to ground ourselves in our principles, remind ourselves of our utility, dig in and commit.

As a dizzying number of corporate news organizations – either through need or greed – rush to implement new ways to further monetize their content, and others acquiesce to Trump’s wishes, now is a time for movement media-makers to double down on community-first models.

At Truthout, we are reaffirming our commitments on this front: We won’t run ads or have a paywall because we believe that everyone should have access to information, and that access should exist without barriers and free of distractions from craven corporate interests. We recognize the implications for democracy when information-seekers click a link only to find the article trapped behind a paywall or buried on a page with dozens of invasive ads. The laws of capitalism dictate an unending increase in monetization, and much of the media simply follows those laws. Truthout and many of our peers are dedicating ourselves to following other paths – a commitment which feels vital in a moment when corporations are evermore overtly embedded in government.

Over 80 percent of Truthout‘s funding comes from small individual donations from our community of readers, and the remaining 20 percent comes from a handful of social justice-oriented foundations. Over a third of our total budget is supported by recurring monthly donors, many of whom give because they want to help us keep Truthout barrier-free for everyone.

You can help by giving today. Whether you can make a small monthly donation or a larger gift, Truthout only works with your support.