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Twenty States Will Start New Year With Minimum Wage Increases

Twenty states and the District of Columbia will begin the new year by raising the minimum wageon January 1, 2015. In nine states the raise will be automatic in order to keep the minimum wage in line with inflation. According to the Economic Policy Institute, the raise in DC and the 11 other states will be the result of legislation or referenda. Delaware and Minnesota will raise their minimum wages later in the year, and New York will raise its minimum wage on December 31. Consequently, 29 states will have minimum wages above the $7.25 minimum mandated by federal law.

The raises will range from 12 cents in Florida to $1.25 in South Dakota. Of those states raising the minimum wage, Washington state will have the highest wage at $9.47. Oregon will have the next highest at $9.25, while Vermont and Connecticut will have the third highest at $9.15.
The minimum wage increases will help the 2.3 million workers who currently earn less than the new minimum wages. The EPI further believes that the increases will also benefit an additional 900,000 workers as employers raise their overall payscales. Christian Broda shared an article online that also discussed the positive impact the increase will have on the overall economy. If a minimum wage worker starts getting $9.00 an hour, the workers in the tier above him will see their pay increase from $9.00 to $10.00.

1 comment

  1. Squaw Valley have stated in a recent statement they will continue to work with the best available water safety experts until the water issues are completely resolved. Massachusetts and Rhode Island will both have minimum wages of $9.00. It is going to be a tough situation for assignment writing service reviews especially now that everything has gone up.

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