Bank of America today announced it is raising its U.S. minimum hourly wage again–helping to create job opportunities and fuel the American economy.

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Details by the Numbers:

The company will raise its U.S. minimum hourly wage to $25 .

This increases the minimum full-time starting salary to more than $50k/year .

It will affect thousands of employees, helping to fuel the growth of the American economy & create job opportunities that strengthen the communities the bank serves.

Joining the bank at the minimum wage is a launchpad for a long-term career.

Since 2017, the starting salary for full-time U.S. employees has gone up by more than $20k .

This is the company’s latest move, after steadily increasing over the last several years , from under $15 p

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