Current:Home > StocksMinimum wage just increased in 23 states and D.C. Here's how much -Global Capital Summit
Minimum wage just increased in 23 states and D.C. Here's how much
View
Date:2025-04-19 15:38:56
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! (3659)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Memphis utility lifts boil water advisory after 5 days
- Sammy Hagar's multi-million-dollar Ferrari LaFerrari auction is on hold. Here's why
- Memphis, Tennessee, police chief to serve in interim role under new mayor
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Phoenix woman gets 37-year prison sentence in death of her baby from malnutrition, medical neglect
- Benny Safdie on 'The Curse' — and performing goodness
- What is Dixville Notch? Why a small New Hampshire town holds its primary voting at midnight
- Current, future North Carolina governor’s challenge of power
- Tristan Thompson Suspended for 25 Games After Violating NBA Anti-Drug Program
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- France’s president seeks a top-5 medal ranking for his country at the Paris Olympics
- Jennifer Lopez's Chin-Grazing Bob Is Her Most Drastic Hair Change Yet
- France fines Amazon $35 million for ‘excessively intrusive’ monitoring of warehouse staff
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- YFN Lucci pleads guilty to gang-related charge, prosecution drops 12 counts in plea deal
- A man diagnosed with schizophrenia awaits sentencing after fatally stabbing 3 in the UK last year
- Norman Jewison, director and Academy Award lifetime achievement honoree, dead at 97
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Airbnb donates $10 million to 120 nonprofits on 6 continents through its unusual community fund
Led by Chiefs-Bills thriller, NFL divisional round averages record 40 million viewers
Drone the size of a bread slice may allow Japan closer look inside damaged Fukushima nuclear plant
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Sen. Bob Menendez says gold bars and cash at his residence were illegally found and seized
Turkey’s parliament agrees to hold a long-delayed vote on Sweden’s NATO membership
With Oregon facing rampant public drug use, lawmakers backpedal on pioneering decriminalization law