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Minimum Wage 2023

Welcome!

This policymaking simulation will examine the issue of whether the federal minimum wage should be increased. 

Currently, the federal minimum wage is $7.25 an hour.  For a full-time worker, this is an annual income of about $14,500 before taxes.

A single person earning this minimum wage and working full-time earns slightly above the federal poverty line.  However, a worker earning minimum wage who has one or more children, or a spouse who is unemployed, earns less than the federal poverty line.  

As you may know, states cannot have a minimum wage that is below the federal one. But they can raise it higher. Most states have passed laws to raise their state’s minimum wage above the federal level:
  • 7 have raised it to $15 an hour,
  • 14 have raised it to about $12, 
  • 10 have raised it to between $8.75 to $11.50, and
Nineteen states do not have a minimum wage higher than the federal one.