Federal $25 minimum wage mandate would destroy over 5M jobs, hit booming Sun Belt hardest: study

A federal $25 minimum wage mandate would destroy millions of jobs across the country and hit several of the Sun Belt states that have seen a significant influx of new residents in recent years, an economist warned in an interview with Fox News Digital . The warnings come in response to recent legislative efforts from progressive members of Congress pushing to raise the federal minimum wage floor to $25 per hour by 2031 for large employers, while smaller businesses would reach that rate by 2038.