In the midst of a devastating pandemic and a recession that has disproportionately harmed women of color, the urgency for raising workers’ wages and ensuring their economic security has never been clearer. Raising the federal minimum wage would benefit workers in low-wage and essential jobs across the country. This is especially true for women—particularly women of color—who are concentrated in jobs, such as cashiers and child care, that pay at or just a few dollars above the federal minimum wage of $7.25 per hour.
The Raise the Wage Act would raise wages for nearly 32 million workers, and the majority of workers who would benefit—59 percent, or nearly 19 million people—are women. Seven million of these workers are women working in essential jobs. In total, more than 1 in 4 working women, both those working full and part time, would see a raise.
Women of color in particular would see substantial benefits, as many are segregated into low-wage jobs. Nearly one-quarter—23 percent—of all workers who would see a raise are Black women or Latinas, an overrepresentation of their share of the U.S. workforce in 2020. This includes 3.4 million Black women and 4 million Latinas.
To boost economic recovery, it is essential to get money into the hands of those who make spending decisions for their families, those who are breadwinners, and those who are likely to spend every additional dollar out of necessity. Women are the common denominator, and those working in minimum wage and tipped occupations need and deserve a raise.
Amid a pandemic or not, women need their compensation to reflect the inherent value of their work.
Read more on the ways raising the minimum wage would be transformative for women here. |