The Federal minimum wage only applies in seven states. In all other states a higher state minimum wage supersedes it. There are about 870,000 people that earn the Federal minimum wage or less. (Most of those that earn less than the Federal minimum wage are under 20 and only earn less than it for a maximum of 90 days.) The total number of the employees is ~161,500,000. In other words only about ½ of one percent of employees earn the Federal minimum wage or less, or about 1 employee out of every 200. Furthermore most people earning the minimum wage only do so for a short period of time. Also the percentage is 13 times less than it was in 1979. “According to available data, the average length of time people spend earning minimum wage is relatively short, with most individuals moving on to higher paying jobs within a few years, though the exact duration can vary depending on factors like location, industry, and individual career progression; however, due to the lack of comprehensive data tracking individual wage trajectories over time, a precise average is difficult to pinpoint.”(AI Overview)