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Almost half of U.S. states are set to lift their minimal wage on the outset of 2025, boosting pay for thousands and thousands of employees stretching from California to Maine.
In all, 21 states will increase their wage flooring on Jan. 1 in line with inflation-adjusted will increase or as a part of scheduled hikes that take impact at the start of every calendar yr.
The pay will increase will have an effect on about 9.2 million employees, who will acquire a mixed $5.7 billion over the course of 2025, in line with the left-leaning Financial Coverage Institute, or EPI.
After the wave of wage hikes, Washington will turn out to be the state with the best minimal wage, providing employees $16.66 per hour. Staff in California and New York will benefit from the second-highest wage flooring, as each states implement a minimal hourly wage of $16.50.
Pay will increase set to take maintain within the new yr will deliver the wage flooring to $15 an hour or larger in Washington, D.C., in addition to 10 states, amongst them Delaware, Illinois and Rhode Island. These areas play host to considered one of each three U.S. employees, EPI discovered.
Total, the states set to lift their minimal wage on Wednesday embrace: Alaska, Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New York, Ohio, Rhode Island, South Dakota, Vermont, Virginia and Washington.
The nation’s highest wage flooring will take impact in a number of the almost 50 cities and different localities that can impose minimal pay hikes.
Twenty-nine cities in California will see pay hikes, together with a $17-an-hour wage flooring that can take impact in Oakland. Seven localities in Washington will enhance their minimal wage, amongst them the nation’s highest wage flooring: $21.10 an hour in Tukwila.
The most recent spherical of pay will increase, nevertheless, won’t have an effect on greater than a dozen states concentrated within the South that lack a minimal wage or provide a minimal wage that doesn’t exceed the federal minimal of $7.25 per hour.
The final federal minimal wage hike happened in 2009, when Congress raised the pay flooring to its present stage. When adjusted for inflation, the federal minimal wage stands at its lowest stage since February 1956, almost 70 years in the past, EPI discovered.
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