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FACT SHEET Raise the Wage Act of 2021 Raising the Federal Minimum Wage to $15 an Hour by 2025 Will Give Nearly 32 Million Workers a Raise Nobody who works 40 hours a week

Colorado Wage ActELLEN GOLOMBEK Executive Director MICHAEL J. MCARDLE Director of Labor DIVISION OF LABOR 633 17th Street, Suite 200, Denver, Colorado 80202-3611 Telephone

1 The Raise the Wage Act of 2021 (H.R. 603) Gradually increasing the federal minimum wage to $15 by 2025 After more than a decade with no increase in the federal minimum