Increasing the minimum wage of 1.7 million low-wage workers to $15.00 per hour would increase US gross domestic product (GDP) by approximately $27.4 billion per year {=2080 Hrs./Yr. X ($15.00-$7.25) X 1,700,000}.
Increasing the minimum wage of 1.7 million low-wage workers to $15.00 per hour would increase US gross domestic product (GDP) by approximately $27.4 billion per year {=2080 Hrs./Yr. X ($15.00-$7.25) X 1,700,000}.