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Millions of low-wage earners are getting a raise in 2025 as 21 states are slated to hike their minimum pay starting Jan. 1. ... the minimum wage will increase to $14.65, rising 50 cents ...
Nearly half the states in the U.S. are set for minimum wage increases on Jan. 1, ... In 2025, the minimum wage for other workers in the state will be raised to $16.50.
Minimum wage increases in the past few years have helped Americans keep pace with annual inflation that reached a 40-year high of 9.1% in mid-2022 before gradually falling to 2.6% recently.
The general wage increase is TBD after 2024, TBD after 2026 for seasonal wages, and will stop at $5.13 for tipped workers in 2022, and is TBD in 2025. [272] The minimum wage will increase in 2023 by an additional 13¢ in addition to its standard increases in pay rates due to an increase in the Consumer Price Index. [274]
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
An effort to boost the state’s minimum wage to $12 by 2025 didn’t ... a modest minimum-wage increase in 2021, to $10.10 from $9.87. ... minimum wage are pegged to inflation. Denver workers saw ...
On November 3, 2020, 61% of Florida voters passed Amendment 2, which raises the minimum wage to $10.00 per hour effective September 30, 2021, and then increases it annually by $1.00 per hour until the minimum wage reaches $15.00 per hour in 2026 and then reverts to being adjusted annually for inflation.
In New York City, app-based restaurant delivery workers (e.g., those working for Uber, Grubhub and DoorDash) now must be paid a minimum hourly rate of $17.96, which is set to increase to $19.96 by ...