8 facts about minimum wage in Minnesota - KMSP-TV

8 facts about minimum wage in Minnesota

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ST. PAUL, Minn. (KMSP) -

The 2013 Minnesota Minimum Wage Report presents trends and statistics about the state's minimum wage workers between August 2012 and July 2013.

The report is released annually by the Minnesota Department of Labor and Industry.

Minnesota's minimum wage is $5.25 an hour for employers with less than $625,000 in annual business and $6.15 for businesses with more than $625,000. The federal minimum wage is $7.25 for employers with more than $500,000 in annual business.

MINIMUM WAGE IN MINNESOTA

- An estimated 83,000 Minnesota hourly workers make $7.25 an hour or less. This means 5.2 percent of all Minnesota hourly workers make the federal minimum wage or less.

- 47 percent of the minimum-wage workers work at bars and restaurants, with 55 percent of these workers earning overtime, tips or commissions

- 40 percent of the minimum-wage workers are older than 24

- Women are more likely than men to be paid minimum wage

- 58 percent of minimum-wage workers have some college education

- 10 percent of adult minimum wage workers do not have a high school diploma

- 20 percent of minimum-wage workers are at or below the poverty line

- In 2013 dollars, the Minnesota minimum wage fell 30 percent from 1974 to 2013 and the federal minimum wage fell 25 percent

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