RISEP houses a large amount of data on work, wages and income as the most important indicators of how working families are doing. In 2005 Florida voters passed an increase in the Florida minimum wage, and several municipalities and Miami-Dade County have passed Living Wage ordinances aimed at increasing the ability of County and City employees to achieve a decent standard of living. RISEP’s research investigates the impact and benefits of these wage standards on the economy and on workers and their families.
This report shows that strong job creation during the past six years has returned Florida's labor market to the long-run normal rate of unemployment and led a rise in wages and incomes. However, we recommend that the incoming president, Donald J. Trump, increase the federal minimum wage in order to address current low shares of employed-prime-aged workers and high rates of poverty.
This report explains the impact of the minimum wage in Florida, including which groups and industries benefit, the impact on employment, and how Florida compares with other states. Some key findings: - The vast majority of minimum wage workers are adults working full time – only 10% of minimum wage workers are teenagers, and only 10% work less than 20 hours per week. One out of three are parents.