Minimum Wage Increased in 18 States

While New Year’s Day was a day of celebration for many, it was also the day that many new employment laws became effective. As a result, employers must pay close attention to municipal and state regulations, as well as federal changes to ensure compliance, especially when it comes to the multitude of minimum wage increases. Unfortunately, the U.S. minimum wage has remained stagnant for nearly a decade. The last time the federal minimum wage increased was in July 2009 (from $6.55 to $7.25). However, 18 states are now taking matters into their own hands, by raising the minimum wage. As of January 1, 2018, ten states did so as the result of legislation over the last few years. Eight states will have smaller inflation-adjusted increases. Who will see increases? Well for starters, people who live in Maine will see the largest increase of a full dollar (up to $10 per hour). Colorado, Hawaii, New York, Vermont, Rhode Island, Arizona, California, Washington and Michigan are other states that enacted a higher minimum wage as of January 1, 2018. The median increase is $0.50 per hour of work. In addition, workers in New Jersey, Ohio, Florida, Alaska, Montana, South Dakota, Minnesota and Missouri will see a slight bump — a median of $0.15, thanks to automatic increases to keep pace with price growth.  To see what the minimum wages are for each state, visit the U.S. Bureau of Labor’s Minimum Wage Law in the States webpage.