The current federal minimum wage in the United States is $7.25 per hour. Lawmakers are considering proposals to raise the minimum wage. The Williams Institute estimates that 1,450,000 LGBT adults
would see an increase in earnings by 2025 if the minimum wage were increased from $7.25 to $15 per hour.This estimate includes 913,000 LGBT workers who would have earned less than $15 per hour without the proposed increase and an additional 537,000 million LGBT workers who might see ripple effects on their wages.
Those who are overrepresented among low-wage workers would benefit the most from an increase in the minimum wage.Prior research has indicated that increasing the federal minimum wage to $15 per hour would reduce the proportion of male same-sex couples living in poverty by one-third and female same-sex couples by almost one-half.
We would expect similar reductions in poverty among LGBT people who are not in same-sex couple households, with the larger gains for those with the highest rates of poverty—Black, Latino/a, bisexual, and transgender adults .