Minnesota 2020, October 08, 2013
Raising Minnesota’s minimum wage to $9.50 an hour is good public policy. It would boost the state’s consumer economy by providing workers an additional $470 million in increased spending power. This analysis examines the various groups of Minnesotans who would be impacted by a $9.50 minimum wage.
Examining Minnesota employment data for workers whose wages are below $9.50 (and those slightly above who would likely see a raise due to the “spillover effect”), Raise the Wage Coalition member JOBS NOW estimates that a $9.50 an hour minimum wage would mean a raise for 357,000 Minnesotans.
Download Who Benefits: Demographic Impact of a $9.50 Minimum Wage