Current:Home > FinanceThese states will see a minimum-wage increase in 2024: See the map-LoTradeCoin
These states will see a minimum-wage increase in 2024: See the map
View Date:2024-12-23 23:50:21
Twenty-two states are set to increase minimum wages at the beginning of 2024. By Jan. 1, seven states and Washington, D.C., will have minimum wages of at least $15 an hour. Maryland, New Jersey and New York are all set to increase their wages at the beginning of the new year.
Map shows how minimum wage compares across the country
Some cities and regions have higher minimum wages compared to the state, to account for cost of living and rising inflation.
For example, New York City, Westchester and Long Island are increasing their minimum wage to $16 an hour at the beginning of the new year. The rest of New York will have a $15 minimum wage.
Twenty states will continue to have a legal minimum wage of $7.25 next year.
Which states have no minimum wage laws?
There is no minimum wage law in Alabama, Louisiana, Mississippi, South Carolina, or Tennessee, so minimum wages default to federal law at $7.25.
In Georgia and Wyoming, the state minimum wage is lower than the federal minimum wage at $5.15 an hour. But, many employers are subject to the Fair Labor Standards Act and must pay the Federal minimum wage.
Wages in California:Fast food workers will earn at least $20 per hour in the golden state.
Which states are increasing their minimum wages next year?
According to data from GovDocs, here's how minimum wage is increasing next year:
- Alaska: Increasing from $10.85 to $11.73
- Arizona: Increasing from $13.85 to $14.35
- California: Increasing from $15.50 to $16
- Colorado: Increasing from $13.65 to $14.42
- Connecticut: Increasing from $15 to $15.69
- Delaware: Increasing from $11.75 to $13.25
- Washington, D.C.: $17 minimum wage (annually adjusted for inflation)
- Florida: Increasing from $12 to $13 (on September 30)
- Hawaii: Increasing from $12 to $14
- Illinois: Increasing from $13 to $14
- Maine: Increasing from $13.80 to $14.15
- Maryland: Increasing to $15 for employers of all sizes
- Michigan: Increasing from $10.10 to $10.33
- Minnesota: Increasing from $10.59 to $10.85 for large employers, and $8.63 to $8.85 for other employees
- Missouri: Increasing from $12 to $12.30
- Montana: Increasing from $9.95 to $10.30
- Nebraska: Increasing from $10.50 to $12
- Nevada: Increasing from $10.25 or $11.25 (depending on health benefits) to $12
- New Jersey: Increasing from $14.13 to $15.13
- New York: Increasing from $14.20 to $15
- Ohio: Increasing from $10.10 to $10.45
- Oregon: $14.20 minimum wage (annually adjusted for inflation)
- Rhode Island: Increasing from $13 to $14
- South Dakota: Increasing to $11.20 (indexed, increases each year)
- Vermont: Increasing from $13.18 to $13.67
- Washington: Increasing from $15.74 to $16.28
Pay raise:Bank of America increases minimum wage for fifth consecutive year
How many workers make federal minimum wage or less?
According to the Department of Labor, 78.7 million workers ages 16 and older were paid at hourly rates, making up 55.6% of all wage and salary workers. Of those hourly workers, about 1 million were paid wages at or below the federal minimum wage, making up 1.3% of all hourly paid workers.
veryGood! (29998)
Related
- FBI raids New York City apartment of Polymarket CEO Shayne Coplan, reports say
- Video shows geologists collecting lava samples during Hawaii's Kilauea volcano eruption
- Emily in Paris' Lucas Bravo Reveals He Wasn't Originally Cast as Gabriel
- Jean Smart, Ariana Grande, Michael Keaton among hosts for ‘SNL’ season 50
- Jelly Roll goes to jail (for the best reason) ahead of Indianapolis concert
- Pregnant Gypsy Rose Blanchard Details “Unexpected” Symptoms of Second Trimester
- Video shows geologists collecting lava samples during Hawaii's Kilauea volcano eruption
- Horoscopes Today, September 18, 2024
- Justine Bateman feels like she can breathe again in 'new era' after Trump win
- Travis Kelce’s Jaw-Droppingly Luxe Birthday Gift to Patrick Mahomes Revealed
Ranking
- 'This dude is cool': 'Cross' star Aldis Hodge brings realism to literary detective
- Vermont caps emergency motel housing for homeless, forcing many to leave this month
- Autopsy finds a California couple killed at a nudist ranch died from blows to their heads
- Refugees in New Hampshire turn to farming for an income and a taste of home
- Wall Street makes wagers on the likely winners and losers in a second Trump term
- Baker Mayfield says Bryce Young's story is 'far from finished' following benching
- Elle King Reveals She and Dan Tooker Are Back Together One Year After Breakup
- Connecticut aquarium pays over $12K to settle beluga care investigation
Recommendation
-
The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
-
Found: The Best Free People Deals Under $50, Featuring Savings Up to 92% Off & Styles Starting at Just $6
-
Sheriff’s posting of the mugshot of a boy accused of school threat draws praise, criticism
-
Lala Kent Shares Baby Girl Turned Purple and Was Vomiting After Challenging Birth
-
Hurricane-stricken Tampa Bay Rays to play 2025 season at Yankees’ spring training field in Tampa
-
District attorney appoints special prosecutor to handle Karen Read’s second trial
-
Tyson Foods Sued Over Emissions Reduction Promises
-
Step Inside Jennifer Aniston's Multi-Million Dollar Home in Inside Look at Emmys Prep