The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four ...

There are concerns over potential employment losses and the big picture impacts. A minimum wage increase would raise pay for 32 million workers, according to the Economic Policy Institute.

Over 9.2 million minimum-wage workers will have higher paychecks this year as 21 states raised their wage floors to adjust for inflation, ballot measures, and legislation.

at least in certain parts of the U.S. The chart below highlights minimum wages in 2024 and 2025, including tipped wages, their most recent increases, and the factors driving these changes.

They’re among the many thousands of laws changing as a new year begins. Those wage increases will impact an estimated 9.2 million workers and raise pay by a total of $5.7 billion, according to ...

[1] In 2024, California and Massachusetts became the first states to reject minimum wage increase ballot measures since 1996. The other two defeated measures were on the ballot in 1996 in Missouri and ...

The average wage increase rate per worker for 2023 was 3.2 percent, the highest since the current survey method began in 1999, according to a survey released by the labor ministry on Nov. 28.