(NEXSTAR) – In 2022, just abouteverything is getting more expensive. But in several states, people are getting paid a bit more, too. While the federal minimum wage hasn’t budged since 2009 – it’s still $7.25 –more than half of states decided to bump up their minimum wages this y...
Minimum wages will increase in more than two dozen states and localities in 2022, as some cities set their own minimums that differ from the state and national rate. In Seattle, Washington, for example the minimum wage will rise to $17.27 for companies with more than 501 employees. Californ...
Washington State led the pack, boosting the minimum hourly wage from $15.74 to the new $16.28–the highest in the nation. California bumped its lowest rate from $15.50 an hour to $16; Hawaii’s jumped a full $2 an hour to $16. In Maryland, the increase is from $13.25 an hour to ...
Minimum Wage Milestone: Why Washington State Surpassed $9 an HourMinimum wage laws raised the wage floor in eight states as of Jan. 1. Washington now tops all states, at $9.04 an hour. Economic effects of raising the minimum wage are in hot dispute.Lester, Aaron...
Supreme Court Rules in Favor of Minimum Wage in 'Big Switch' 1937: In a turnaround, the Supreme Court narrowly upholds Washington state’s minimum wage law, when JusticeOwen Robertsunexpectedly sides with the court’s four-member liberal minority. The case,West Coast Hotel Co. v. Parrish,inv...
But let’s focus on the minimum wage, not on the (formerly) Golden State. Here’s the bottom line: I’ve explained that a higher minimum wage is theoretically bad. And I’ve shown that it leads to higher unemployment. But this new research is important because it shows that a higher ...
Raising the minimum wage could benefit low-wage workers at a time when many continue to struggle with higher costs due to inflation, even as it cools rapidly after hitting a 40-year high in 2022. Although price hikes are easing, the cost of groceries, rent, and other goods and services ...
North Carolina’s bill is tied to an increase in the state’s minimum wage, which would increase to $15 by 2023, as well as phasing out the tipped employee wage through 2025. If passed, the bill would repeal the state’s subminimum wage for specified workers. ...
As a reminder, Washington D.C. voters approved a ballot measure, known asInitiative 82,back in 2022, which gradually increases the tipped employee wage until it’s equal to the standard wage on July 1, 2027. Existing State Minimum Wage Updates for 2024 ...
It’s imperative that Congress and state legislatures, particularly those in the South, raise the minimum wage to foster an economy that works for all.” —Ashfaq Khan and Rose Khattar, “It’s Long Past Time To Increase the Federal Minimum Wage,” americanprogress.org, July 7, 2022 ...