Yes, but if the minimum wage increases, everyone who makes above minimum wage has a better argument to get a raise as well. Employers have to make pay competitive, and a raised minimum wage sets a new floor that wages have to be based around.
Edit: Also, that ignores the fact that there are people who make above minimum wage but below whatever it might be raised to who would also be affected by a minimum wage increase. If the wage was raised to $15, for example, then anyone who currently makes between $7.26 to $14.99 an hour would receive a raise, despite not being represented in the data set you reference.
https://usafacts.org/articles/minimum-wage-america-how-many-people-are-earning-725-hour/
Yes, but if the minimum wage increases, everyone who makes above minimum wage has a better argument to get a raise as well. Employers have to make pay competitive, and a raised minimum wage sets a new floor that wages have to be based around.
Edit: Also, that ignores the fact that there are people who make above minimum wage but below whatever it might be raised to who would also be affected by a minimum wage increase. If the wage was raised to $15, for example, then anyone who currently makes between $7.26 to $14.99 an hour would receive a raise, despite not being represented in the data set you reference.