Current:Home > MarketsMinimum wage just increased in 23 states and D.C. Here's how much -Elevate Capital Network
Minimum wage just increased in 23 states and D.C. Here's how much
View
Date:2025-04-17 23:06:28
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! (99)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- A record-size blanket of smelly seaweed could ruin your spring beach trip. What to know.
- Nearly 1.9 million Ford Explorers are being recalled over an insecure piece of trim
- Snoop Dogg says daughter Cori Broadus, 24, is 'doing a little better' following stroke
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Swiss financial regulator gets a new leader as UBS-Credit Suisse merger sparks calls for reform
- Daniel Will: The Significance of Foundations for Cryptocurrency Exchanges
- Moisturizing your scalp won’t get rid of dandruff. But this will.
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Thai court says popular politician Pita Limjaroenrat didn’t violate law, can remain a lawmaker
Ranking
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Factory never tested applesauce packets that were recalled due to lead poisonings, FDA finds
- Love Is Blind's Marshall Glaze Is Engaged to Chay Barnes
- Everything festival-goers should know about Bourbon & Beyond 2024 from lineup to ticket price
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Nearly 1.9 million Ford Explorers are being recalled over an insecure piece of trim
- See Molly Ringwald Twin With Daughter Mathilda in Swan-Inspired Looks
- Americans’ economic outlook brightens as inflation slows and wages outpace prices
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Argentina’s Milei faces general strike at outset of his presidency, testing his resolve
Blinken pitches the US as an alternative to Russia’s Wagner in Africa’s troubled Sahel
This grandfather was mistakenly identified as a Sunglass Hut robber by facial recognition software. He's suing after he was sexually assaulted in jail.
Trump wants to turn the clock on daylight saving time
Raped, pregnant and in an abortion ban state? Researchers gauge how often it happens
Andy Cohen Sets the Record Straight on Monica Garcia's RHOSLC Future
Live updates | Patients stuck in Khan Younis’ main hospital as Israel battles militants in the city