Current:Home > MarketsMinimum wage just increased in 23 states and D.C. Here's how much -Wealth Navigators Hub
Minimum wage just increased in 23 states and D.C. Here's how much
View
Date:2025-04-16 12:08:17
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! (4)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Sonya Massey's father decries possible release of former deputy charged with her death
- What do we know about the mysterious drones reported flying over New Jersey?
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- North Carolina justices rule for restaurants in COVID
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- What to watch: O Jolie night
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Small twin
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Meta releases AI model to enhance Metaverse experience
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says