A $12 Minimum Wage by 2020 Would Give 35 Million Workers a Much-Needed Raise

Washington, DC–(ENEWSPF)–July 14, 2015.  Decades of infrequent and inadequate adjustment to the federal minimum wage have left today’s low-wage workers earning significantly less than their counterparts 50 years ago. Raising the federal minimum wage to $12 per hour by 2020 would lift wages for one-quarter of American workers and help restore the minimum wage’s role as a labor standard that ensures work is a means to escape poverty, according to EPI economic analyst David Cooper.