|The federal minimum wage is currently $7.25. Texas's minimum wage is also $7.25, though over 20 states have minimum wages that exceed the federal minimum.
Last month, the Congressional Budget Office estimated that raising the minimum wage to $10.10 nationally would lift close to 1 million people out of poverty. Real income would increase by $5 billion for families currently below the poverty threshold, and their family incomes would increase by an average of 3 percent.
In Texas alone, the impacts would be huge. Raising the minimum wage to $10.10 in Texas would benefit 2,983,100 workers - more than in any other state.
The White House also released a report this week showing that raising the minimum wage would especially benefit women. According to the report, 55 percent of the workers whose wages would increase under a higher minimum wage are women. It suggests the minimum wage issue is not just a labor issue, but a pay equality issue as well.
According to the Huffington Post:
" Women disproportionately occupy the ranks of the low-wage workforce. They account for the majority of workers in the 10 largest jobs that pay below $10.10 per hour, including housekeepers, cashiers and childcare workers.
An analysis from the National Women's Law Center found that the gender pay gap is worse in states that have declined to raise their minimum wage higher than the federal level, which remains $7.25 and hasn't been increased since 2009."
Given that pay equality issues that have been front and center in Texas of late, the need to take steps to bring women's wages and salaries on par with men's has become more and more evident.
And given how many Texas workers stand to gain from a minimum wage increase, it's time to join the 20+ states who have moved towards pay fairness.