The Wharton Future of Work Conference asks:
Will legislation raising the US federal minimum wage from $7.25 an hour become law before 1 March 2023?
Started
Apr 6, 2022 04:00PM
Closed Mar 1, 2023 08:01AM (2 years ago)
Closed Mar 1, 2023 08:01AM (2 years ago)
The US Senate rejected a $15.00 an hour federal minimum wage proposal, but there are still pushes for a raise (The Hill, CNBC). The current federal minimum wage is $7.25 per hour (Cornell - 29 USC § 206, US Department of Labor). The effective date of a raise would be immaterial.
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The question closed "No" with a closing date of 1 March 2023.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Yes | 4.48% | |
| No | 95.52% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 246 |
| Average for questions older than 6 months: 181 | |
| Number of Forecasts | 479 |
| Average for questions older than 6 months: 529 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
Most Accurate
Relative Brier Score
Recent Consensus, Probability Over Time
- - - Correct answer became the crowd's highest probability answer - Apr 7, 2022 10:57AM PDT (328 days before close, question was 0% complete)