Current:Home > FinanceMinimum wage just increased in 23 states and D.C. Here's how much -InfiniteWealth
Minimum wage just increased in 23 states and D.C. Here's how much
View
Date:2025-04-14 04:29:29
Workers earning minimum wage in 23 states and the District of Columbia got a raise over the New Year's holiday, according to the Economic Policy Institute.
The biggest increase: Nebraska
As Nebraska Public Media reports, voters decided in November to increase the state's minimum wage to $15 an hour by 2026, in increments of $1.50 per year. That brings the state to $10.50 an hour for this year.
Smallest increase: Michigan
According to Michigan Radio, the state's first increase, which went into effect at the start of the year, raised the state's minimum wage to $10.10, up just $0.23. But there's a chance of a second increase that could raise the state's minimum wage to $13.03. Michigan Public Radio Network's Rick Pluta has details.
Highest minimum wage: Washington state and Washington, D.C.
In November, voters in the District of Columbia decided to phase out the region's tipped minimum wage over the next few years to match the District's $16.10 per hour for workers. As DCist's Amanda Michelle Gomez explains, "the measure's success also comes four years after the passage of a nearly identical initiative and its subsequent overturn by the D.C. Council."
Meanwhile in Washington state, not only has the state's minimum wage gone up by $1.25 to $15.74 an hour, but as KUOW reports, the city of Seattle has raised the minimum wage for small and large employers by $0.75 and $1.42, respectively.
States where minimum wage is tied to cost of living saw a bigger bump than in years past
As a result of the recent high inflation, minimum wage increases in states where cost of living is taken into consideration were greater than in years past, according to the Economic Policy Institute. Those include: Alaska, Arizona, California, Colorado, Maine, Minnesota, Montana, New Jersey, New York, Ohio, South Dakota, Vermont and Washington state.
Plus:
— Minimum wage is expected to increase to over $13 an hour across New England in 2023, except in New Hampshire, where it has stayed at $7.25 for over a decade.
— The Columbus, Ohio, city council is raising minimum wage for workers at companies receiving economic incentives from the city to $20 an hour.
The full list of increases
veryGood! (42621)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Caitlyn Jenner Addresses What She Knows About Kim Kardashian's Sex Tape Release
- How's your 401k doing after 2022? For retirement-age Americans, not so well
- Native Americans celebrate their histories and cultures on Indigenous Peoples Day
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Vegas Golden Knights receive championship rings, which have replica of arena inside
- Pro-Israel, pro-Palestine supporters hold demonstrations in Times Square, outside United Nations
- Flag football is coming to the Los Angeles Olympics in 2028
- Average rate on 30
- Publishing executive found guilty in Tokyo Olympics bribery scandal, but avoids jail time
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- 2 Federal Reserve officials say spike in bond yields may allow central bank to leave rates alone
- Braves rally for 5-4 win over Phillies on d’Arnaud, Riley homers and game-ending double play
- Proof Lady Gaga and Michael Polansky Breakup Rumors Were a Perfect Illusion
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Native Americans celebrate their histories and cultures on Indigenous Peoples Day
- Former Israeli commander says Hamas hostage-taking changes the game, as families search for missing loved ones
- Flag football in the Olympics? Cricket, lacrosse also expected as new sports for 2028
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Washington sheriff's deputy accused of bloodying 62-year-old driver who pulled over to sleep
Full transcript of Face the Nation, Oct. 8, 2023
Brett Favre’s deposition in Mississippi’s welfare scandal is rescheduled for December
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Powerball balloons to $1.55 billion for Monday’s drawing
$5 gas prices? Drivers could pay more if Israel-Hamas war widens to threaten oil supplies
32 things we learned in NFL Week 5: Ravens, Patriots spiral as other teams get right