Covid-19 also disproportionately impacted women
, many of whom were forced to leave the workforce to care for children or other family members. As the economy begins to bounce back, they’re being rehired at a slower rate
Unlike with other, similarly fraught challenges, we know raising wages can make a huge dent in inequity. For example, expanding the minimum wage
in the late 1960s explained 20% of the decrease in the Black-White earnings gap in the years that followed.
Raising the minimum wage is also a matter of basic fairness, not just for Black women, but for all Americans. It will make a crucial difference in the lives of millions of workers in communities across the country. Even the Congressional Budget Office’s 2021 study
of the impact of raising the federal minimum wage to $15 by 2025 clearly showed that the policy would raise incomes of underpaid workers overall and significantly reduce the number of families in poverty. And while the report found that a higher minimum wage would lead to job losses at all wage levels, additional studies
have shown that increasing the minimum wage boosts take-home pay for workers, reduces turnover for businesses and leads to no appreciable job loss
Black women have shown their commitment to our country, working the toughest jobs in the face of a global pandemic at high rates to keep our nation afloat. We voted for $15 because it will lift workers and families out of poverty, loosen the grips of inequity and segregation and chart a course to a truly just recovery. Now it’s up to the White House to prove it’s working for the people. It’s time to get $15 done.