Chart: Increases to the minimum wage are associated with larger gains in wage growth when low-wage workers have less leverage: Annualized real wage growth at the 10th percentile, by minimum wage changes, 2013–2019 and 2019–2022

Figure

Increases to the minimum wage are associated with larger gains in wage growth when low-wage workers have less leverage: Annualized real wage growth at the 10th percentile, by minimum wage changes, 2013–2019 and 2019–2022

	No minimum wage change	Any minimum wage change
2013–19	1.5%	2.7%
2019–22	2.0%	2.7%

ChartData Download data

Source: EPI analysis of the Current Population Survey Outgoing Rotation Group microdata, EPI Current Population Survey Extracts, Version 1.0.37 (2023), https://microdata.epi.org, and EPI analysis of state minimum wage laws. See EPI’s minimum wage tracker for the most current state-level minimum wage information.

This chart appears in:

Low-wage workers have seen historically fast real wage growth in the pandemic business cycle: Policy investments translate into better opportunities for the lowest-paid workers

Previous chart: « Wage growth was strong at the bottom regardless of minimum wage changes: Real wage growth at the 10th percentile among states grouped by presence or size of minimum wage increase, 2019–2022

Next chart: The prevalence of unfair labor practice (ULP) charges in union elections varies by the size of the bargaining unit: Share of completed union elections with a ULP charge against the employer, by size of potential bargaining unit, for completed elections for which a petition was filed or the election was completed in 2016–2017 »