Current:Home > reviewsRekubit Exchange:Minimum wage just increased in 23 states and D.C. Here's how much -EverVision Finance
Rekubit Exchange:Minimum wage just increased in 23 states and D.C. Here's how much
EchoSense View
Date:2025-04-08 09:46:42
Workers earning minimum wage in 23 states and Rekubit Exchangethe 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! (88185)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Tropical Storm Lee forms in Atlantic, forecast to become major hurricane heading to the Caribbean
- Price Is Right Host Bob Barker’s Cause of Death Revealed
- Extreme heat safety tips as dangerous temps hit Northeast, Midwest, South
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Alex Murdaugh seeks new trial in murders of wife and son, claiming clerk tampered with jury
- As sports betting spikes, help for problem gamblers expands in some states
- Atlanta Fed President Raphael Bostic foresees interest rates staying higher for longer
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Myanmar won’t be allowed to lead Association of Southeast Asian Nations in 2026, in blow to generals
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- Alaska couple reunited with cat 26 days after home collapsed into river swollen by glacial outburst
- Alabama football reciprocates, will put Texas fans, band in upper deck at Bryant-Denny
- Water conservation measures announced for Grand Canyon National Park
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Love Is Blind’s Shaina Hurley Is Pregnant, Expecting First Baby With Husband Christos Lardakis
- Burning Man exodus: Hours-long traffic jam stalls festival-goers finally able to leave
- Person trapped at the bottom of 100-foot California ravine rescued after 5 days
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
2 adults, 2 children and dog found dead in Seattle house after fire and reported shooting; 11-year-old girl escapes
USA dominates Italy at FIBA World Cup, advances to semifinals
Fall Movie Preview: Hollywood readies for a season with stars on the sidelines
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
$1,500 reward offered after headless antelope found in Arizona: This is the act of a poacher
Kansas newspaper’s lawyer says police didn’t follow warrant in last month’s newsroom search
Maya Hawke Roasts Dad Ethan Hawke for Trying to Flirt With Rihanna