Current:Home > FinanceMinimum wage just increased in 23 states and D.C. Here's how much -Wealth Harmony Network
Minimum wage just increased in 23 states and D.C. Here's how much
View
Date:2025-04-27 12:41:35
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! (82)
Related
- Highlights from Trump’s interview with Time magazine
- Arkansas abortion ban may be scaled back, if group can collect enough signatures
- Turbotax banned from advertising popular tax filing product as free
- America is hitting peak 65 in 2024 as record number of boomers reach retirement age. Here's what to know.
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Federal appeals court upholds local gun safety pamphlet law in Maryland
- Former Massachusetts school superintendent pleads guilty to sending threatening texts
- To parents of kids with anxiety: Here's what we wish you knew
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- New York City looks to clear $2 billion in unpaid medical bills for 500,000
Ranking
- See you latte: Starbucks plans to cut 30% of its menu
- Vermont governor proposes $8.6 billion budget and urges the Legislature not to raise taxes, fees
- Expend4bles leads 2024 Razzie Awards nominations, with 7
- Biden, Harris team up to campaign for abortion rights in Virginia
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Ed O'Neill says feud with 'Married… With Children' co-star Amanda Bearse was over a TV Guide cover
- Common Shares His Perspective on Marriage After Confirming Jennifer Hudson Romance
- French tourist finds 7.46-carat diamond at Crater of Diamonds State Park in Arkansas
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
CDC declares end of cantaloupe salmonella outbreak that killed 6, sickened more than 400
Applebee's customers feel stood up after Date Night Passes sell out in 30 seconds
Man ordered to stand trial in slaying of Detroit synagogue leader
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Sharon Osbourne Shares She Attempted Suicide After Learning of Ozzy’s Past Affair
Sharon Osbourne Shares She Attempted Suicide After Learning of Ozzy’s Past Affair
Ed O'Neill says feud with 'Married… With Children' co-star Amanda Bearse was over a TV Guide cover