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A close second is California, which is raising its minimum to $16 from $15.50 on January 1. ... which is set to increase to $19.96 by 2025. ... “Every minimum wage increase since 1968 has been ...
Nearly half the states in the U.S. are set for minimum wage increases on Jan. 1, which will mean a pay hike for some 9.2 million workers, according to recent data.. An analysis by The Economic ...
The ordinance requires the wage to jump to $25 per hour on February 1, 2025, with steady increases to $30 per hour by July 1, 2028 — in time for the 2028 Summer Olympics hosted in Los Angeles.
California's ballot measure, Proposition 32, would raise the state’s current minimum wage of $16 to $17 for the remainder of 2024 for employers with at least 26 employees, increasing to $18 per hour starting in January 2025. Without it, the state's minimum wage is set to increase to $16.50 per hour next year.
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. [271] 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. [273]
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.
In California, the state minimum wage as of January 1, 2024 was $16 per hour. [6] [note 1] As of July 2024, California had the highest minimum wage of any state and was the highest in the country except for some part of New York (which also have a $16/hour minimum wage) and the District of Columbia (which has a minimum wage of $17.50/hour). [9]
California's $20 minimum wage raised prices by just 3.7% and did not reduce jobs, per Berkeley study. ... Council listen to workers before plowing ahead with additional wage increases in 2025 ...