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Characteristics of a Minimum Wage Worker

Great piece by Timothy Taylor laying out the basic characteristics of minimum wage workers.  Summarizing the data:

  • 3.3 million American workers paid minimum wage or less
  • Minimum wage workers represent 2.4% of the total workforce,  4.3% of the hourly workforce
  • Minimum wage worker tend to be younger:
    • 24.2% are ages 16-19
    • 26.2% ages 20-24
  • Roughly 2/3 or 2.1 million were part-time

Tim also pointed to the March 2014 report from the Bureau of Labor Statistics, “Characteristics of Minimum Wage Workers, 2013.”

Percentage of Hr Workers Earning Min WageHis conclusions were very simple:

Whatever one’s feelings about the good or bad effects of raising the minimum wage, it seems fair to say that those effects will be disproportionately felt by a relatively small share of the workforce, disproportionately young and part-time, and disproportionately in southern states.

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