Economic inequality

Economic inequality shapes opportunity, health, and security for billions of people. This archive tracks real progress — policy wins, research breakthroughs, and community-driven solutions — that are narrowing gaps in wealth, wages, and access around the world.

Aerial view of St. Augustine, Florida coastline with beach, surf, and seaside town

Florida votes to increase outdated minimum wage to $15

Voters in Florida tossed their outdated $8.56 per hour minimum wage in this election as the state became the eighth in the country to adopt a $15 minimum wage. Like many other states, Florida will introduce the raise slowly, upping it to $10 next year and raising it by $1 each year until it reaches $15 in 2026.