The influence of the minimum wage in the American economy is very small because MOST workers earn:

Name: The influence of the minimum wage in the American economy is very small because MOST workers earn:
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According to recent data from the Bureau of Labor Statistics, only 1.9% of hourly workers earn at or below the federal minimum wage, which is currently $7.25 per hour. The vast majority of workers earn above the minimum wage, meaning its influence on the overall economy is relatively small.

The Influence of the Minimum Wage in the American Economy