05/31/2026
What if the minimum wage automatically grew alongside workers' pay?
According to a new Economic Policy Institute report, tying the minimum wage to the national median wage would put it at about $17.10 an hour today instead of $7.25.
The federal minimum wage, and Iowa's, haven't changed since 2009. The report estimates that linking it to median wages would raise pay for nearly 40 million workers by 2030 and help prevent future stagnation.
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