Table 2
Affected workers and wage increases for a federal contractor minimum wage of $15 in 2022, by demographic group
| Affected contract jobs (thousands) | |
|---|---|
| Overall | 390 |
| Black or Hispanic | 200 |
| Female | 187 |
| Average annual increase in pay for year-round workers (2021$) | |
| Overall | $3,100 |
| Black or Hispanic | $3,500 |
| Female | $3,100 |
| Total annual increase in pay for year-round workers (millions, 2021$) | |
| Overall | $1,190 |
| Black or Hispanic | $692 |
| Female | $584 |
Source: Authors’ analysis using FY2020 federal contract obligations from USA Spending; input-output tables from 2019 BLS employment requirements data and EPI Minimum Wage Simulation Model results.
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