By
Alexis P. Davis
|
September 4, 2020

A Minimum Wage Boost Would Improve Equity for 2.5 Million Floridians and Bolster the State’s Post-Pandemic Recovery

This post was last updated on September 10, 2021. As new policies are announced, FPI will update this page.

As Florida’s response to COVID-19 takes front and center, concern grows for low-income families who struggle to take precautions against the spread of the virus. Although Congress has passed the Families First Coronavirus Response Act to address, at least in part,  the public health crisis and economic fallout from COVID-19, many barriers continue to keep struggling families from accessing the assistance they need during the pandemic. As Florida initiates policies implementing the Act and addressing other barriers to the safety net, FPI will update this form. When available, hyperlinks are provided to agency documents or statements that provide greater detail  about the new policy.
On March 22, 2020, FPI and 44 other organizations sent a letter to Governor DeSantis, leadership in the Legislature and agency heads to urge action on 47 specific policy changes to reduce unnecessary barriers for Florida’s safety net programs in response to the COVID-19 pandemic. See the letter here.

Executive Summary 

On November 3, voters will have the opportunity to decide whether 2.5 million working Floridians receive a wage increase: Amendment 2 seeks to gradually increase the state minimum wage to $15 per hour by 2026. As with all constitutional amendments, 60 percent of voters must vote in favor of Amendment 2 for it to become law.

Using the minimum wage simulation model developed by Economic Policy Institute, this report finds that by 2026, the proposed $15 minimum wage would:

  • increase wages for 2.5 million Floridians, over 26 percent of the workforce;
  • help lift households out of poverty;
  • bring workers of all ages closer to a living wage;
  • benefit Florida’s service sector workers the most; and
  • reduce pay inequities experienced by women and people of color.

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