What percentage of workers in US make the minimum wage or less?

The percentage of hourly paid workers earning the prevailing federal minimum wage or less declined from 1.9 percent in 2019 to 1.5 percent in 2020. This remains well below the percentage of 13.4 recorded in 1979, when data were first collected on a regular basis. (See table 10.)

What percentage of minimum wage workers are under 18?

In 2020, around 47.6\% wage and salary workers paid hourly rates at or below the federal minimum wage were aged between 16 to 24 years.

Is the minimum wage for workers in the United States higher or lower than the average wage?

As of January 2020, there were 29 states and D.C. with a minimum wage higher than the federal minimum. This results in almost 90\% of U.S. minimum wage workers earning more than $7.25. The effective nationwide minimum wage (the wage that the average minimum wage worker earns) is $11.80 as of May 2019.

How many people in the US are currently working for minimum wage?

Among those paid by the hour, 542,000 workers earned exactly the prevailing federal minimum wage of $7.25 per hour. About 1.3 million had wages below the federal minimum. Together, these 1.8 million workers with wages at or below the federal minimum made up 2.3 percent of all hourly paid workers.

What percentage of US population lives paycheck to paycheck?

54\%
It found that about 54\% of Americans live paycheck to paycheck. And nearly 40\% of high earners — those making more than $100,000 annually — said they live that way.

What percentage of households make $100000 a year or more live paycheck to paycheck?

It found that about 54\% of Americans live paycheck to paycheck. And nearly 40\% of high earners — those making more than $100,000 annually — said they live that way. That means high-earning millennials aren’t the only ones feeling stretched thin, but they feel that way more than their six-figure-making peers.