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 06, 2022 04:00PM UTC
Closed Mar 01, 2023 08:01AM UTC

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: 206
Number of Forecasts 479
Average for questions older than 6 months: 585
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.160035
2.
-0.160035
3.
-0.160035
4.
-0.160035
5.
-0.159932

Recent Consensus, Probability Over Time

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