Current:Home > ScamsMinimum wage just increased in 23 states and D.C. Here's how much -WealthMindset
Minimum wage just increased in 23 states and D.C. Here's how much
View
Date:2025-04-27 13:17:21
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! (71)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Mauricio Umansky Slams BS Speculation About Where He and Kyle Richards Stand Amid Separation
- Democrat Evers, Republican Vos both argue against Supreme Court taking voucher lawsuit
- Shohei Ohtani, baseball’s 2-way star, becomes first 2-time unanimous MVP
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Charlie Sheen and Denise Richards' Daughter Sami Gets a Boob Job One Year After Launching OnlyFans Career
- Eight Las Vegas high schoolers face murder charges in their classmate’s death. Here’s what we know
- 'Laguna Beach' star Stephen Colletti gets engaged to reporter Alex Weaver: 'Yes! Forever'
- The company planning a successor to Concorde makes its first supersonic test
- Texas man arrested in killings of aunt and her mother, sexual assault of his cousin, authorities say
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Texas jury convicts woman of fatally shooting cyclist Anna “Mo” Wilson in jealous rage
- Belarus human rights activist goes on hunger strike in latest protest against Lukashenko government
- New Mexico ethics board issues advisory opinion after AG’s office high payment to outside lawyers
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Los Angeles freeway closed after fire will reopen by Tuesday, ahead of schedule, governor says
- Kevin Costner, 'Yellowstone' star, partners with Green Mountain Coffee Roasters on new blend
- Belarus human rights activist goes on hunger strike in latest protest against Lukashenko government
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
The Oakland Athletics' owner failed miserably and MLB is selling out fans with Las Vegas move
While the suits are no longer super, swimming attire still has a big impact at the pool
Supreme Court leaves in place pause on Florida law banning kids from drag shows
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Judge declares mistrial after jury deadlocks in trial of ex-officer in deadly Breonna Taylor raid
Texas jury convicts woman of fatally shooting cyclist Anna “Mo” Wilson in jealous rage
Buying a Rivian R1T electric pickup truck was a miserable experience.