Current:Home > StocksThese states will see a minimum-wage increase in 2024: See the map -Excel Wealth Summit
These states will see a minimum-wage increase in 2024: See the map
EchoSense View
Date:2025-04-10 11:24:58
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! (28)
Related
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Taco John's trademarked 'Taco Tuesday' in 1989. Now Taco Bell is fighting it
- Daniel Radcliffe Shares Rare Insight Into His Magical New Chapter as a Dad
- What you need to know about the debt ceiling as the deadline looms
- Trump's 'stop
- Q&A: Eliza Griswold Reflects on the Lessons of ‘Amity and Prosperity,’ Her Deep Dive Into Fracking in Southwest Pennsylvania
- Kate Middleton's Brother James Middleton Expecting First Baby With Alizee Thevenet
- In Portsmouth, a Superfund Site Pollutes a Creek, Threatens a Neighborhood and Defies a Quick Fix
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- In Portsmouth, a Superfund Site Pollutes a Creek, Threatens a Neighborhood and Defies a Quick Fix
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Overwhelmed by Solar Projects, the Nation’s Largest Grid Operator Seeks a Two-Year Pause on Approvals
- A Fear of Gentrification Turns Clearing Lead Contamination on Atlanta’s Westside Into a ‘Two-Edged Sword’ for Residents
- Bots, bootleggers and Baptists
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- How AI could help rebuild the middle class
- All of You Will Love Chrissy Teigen’s Adorable Footage of Her and John Legend’s 4 Kids
- Can YOU solve the debt crisis?
Recommendation
Meet first time Grammy nominee Charley Crockett
Warming Trends: Bill Nye’s New Focus on Climate Change, Bottled Water as a Social Lens and the Coming End of Blacktop
One Year Later: The Texas Freeze Revealed a Fragile Energy System and Inspired Lasting Misinformation
When it Comes to Reducing New York City Emissions, CUNY Flunks the Test
Retirement planning: 3 crucial moves everyone should make before 2025
Biden is counting on Shalanda Young to cut a spending deal Republicans can live with
Disney Star CoCo Lee Dead at 48
Pregnant Kourtney Kardashian Shows Off Her Baby Bump Progress in Hot Pink Bikini