On Tuesday Jan. 1st, 10 states saw minimum wage hikes that will result in an increase anywhere from a dime to 35 cents. With the exception of one, the minimum wage hikes are because of automatic adjustments that were put in place in order to keep up with the cost of living.
A recent report from NPR says:
"In Rhode Island, it took a state law to raise the minimum wage for the first time in five years.
States can set their own minimum wage. There are some exceptions, but for the most part, the federal wage is the least someone can make. In the 10 states raising theirs on Jan. 1, nearly a million workers will benefit. Washington State has bumped it's up to $9.19 an hour. That's almost $2 more than in neighboring Idaho."
Although the minimum wage hikes aren't anything drastic, Americans that benefit from the increase will surely be pleased to hear about this news.
Comments