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Minimum Wage and Share of Workers Earning Equal to or Less Than 150 Percent of the Minimum Wage in 2012, by State

Every state in the country has a substantial share of workers who would be impacted by an increase in the minimum wage. In 2012, Montana had the highest share of workers—37.2 percent—with wages equal to or less than 150 percent of the minimum wage. Even in Alaska, which boasts higher wages compared to the rest of the country, 16.9 percent of workers had wages equal to or lower than 150 percent of the minimum. Not surprisingly, the 18 states with a higher minimum wage level than the federal benchmark tended to have higher shares of workers with wages within 150 percent of the minimum wage. However, in every state in the country, at least one in six workers had wages that were equal to 150 percent of the minimum wage or lower. This chart shows the share of workers earning equal to or less than 150 percent of the minimum wage in every state in 2012. By hovering over a state, you can also see the minimum wage in 2012 in each state.


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Evolution of the Jobs Gap and Possible Scenarios for Growth

September 4, 2015 • Charts

Each month, The Hamilton Project calculates America’s “jobs gap,” or the number of jobs that the U.S. economy needs to create in order to return to pre-recession employment levels while absorbing the people who newly enter the labor force each month. As of the end of August 2015, our nation faces a jobs gap of 3.2 million jobs.

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Composition of Americans’ Tax-Preferred Savings, by Type of Account. 1978-2014

June 23, 2015 • Charts

In 2014, nearly 60 percent of Americans' tax-preferred retirement savings were held in either IRAs or defined-contribution plans, and only 13 percent were held in private sector traditional pensions (i.e., defined-benefit plans).

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Percent of American Adults Who Demonstrated an Understanding of Basic Financial Concepts

June 23, 2015 • Charts

This chart presents one widely used measure of financial literacy: the ability to correctly answer three questions about compound interest, inflation, and risk diversification. Fewer than half of Americans can accurately answer these questions.

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Half of Americans Turning 65 in 2015 Face Out-of-Pocket Expenditures on Long-term Care

June 23, 2015 • Charts

Half of all Americans turning 65 in 2015 will eventually face out-of-pocket expenditures on long-term services and supports (LTSS)—services provided in nursing homes, adult day-care centers, or in people’s homes that support those who have difficulty with routine daily activities such as bathing or dressing.

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Probability of a 65-Year-Old Living to a Given Age, by Sex and Year

June 23, 2015 • Charts

Rising life expectancy and potentially exorbitant long-term care costs have increased the financial resources required to support oneself and one’s spouse in retirement and old age.  

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Percent of Nonretired Americans Who Expect to Live Comfortably in Retirement, 2002-2014

June 23, 2015 • Charts

In 2014 approximately half of nonretired Americans reported being confident that they will have enough money to live comfortably in retirement.

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Tax Revenue Collected on a Gallon of Gasoline by State, January 2015

May 7, 2015 • Charts

Federal taxes, which are constant across states, amount to 18.4 cents per gallon—of which 15.44 cents go to the highway portion of the Highway Trust Fund (HTF), 2.86 cents to the mass transit portion of the HTF, and 0.1 cent to maintaining underground storage tanks). State taxes on gasoline vary considerably.

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Average Loss per Passenger Ride by U.S. Metro Rail System, 2013

May 7, 2015 • Charts

Of the more than 1,800 mass transit systems in the United States—including those running trains, buses, or other transport modes—roughly 2 percent reported that fare revenue exceeded operating expenses in 2013. 

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Highway Trust Fund Balance, 1957–2013

May 7, 2015 • Charts

The Highway Trust Fund (HTF), established by the Federal-Aid Highway Act of 1956, was the first dedicated funding source for highway construction and maintenance. For most of its history, the HTF was well in the black. Over the past fifteen years, however, expenditures have routinely exceeded revenues.

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Public Infrastructure Spending, 1956-2014

May 7, 2015 • Charts

Public infrastructure spending from all levels of government totaled $416 billion in 2014—$41 billion (9 percent) less than its peak of $457 billion in 2003.

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