Labor activists maintain a rally in assist of a nationwide $15 minimal wage on May 19, 2021, in Washington, D.C.
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As the calendar turns to 2023, staff in additional than half of all states have one thing to look ahead to this yr: a better minimal wage.
That’s occurring because the federal minimal wage stands pat at $7.25 per hour — the identical fee since 2009.
But many states and cities have put their very own charges in place, and most of them are poised to extend within the new yr.
A complete of 26 states have introduced that larger minimal wages will probably be launched throughout 2023, with another state prone to see an adjustment in July, in keeping with analysis from payroll specialists at Wolters Kluwer Legal & Regulatory U.S.
Meanwhile, 23 states and Washington, D.C., in keeping with the Economic Policy Institute, will implement larger minimal wages on Jan. 1. Those will increase, which can vary from 23 cents to $1.50 per hour, will have an effect on 8 million staff.
The state poised…
2023-01-01 09:00:01 These states will elevate their minimal wages in 2023
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