Current:Home > InvestThese states will see a minimum-wage increase in 2024: See the map -VisionFunds
These states will see a minimum-wage increase in 2024: See the map
View
Date:2025-04-12 21:51:33
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! (857)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- The Best Amazon Prime Day 2024 Home Decor Deals You Need to Shop Right Now, Items Starting at $13
- Tress to Impress: The 27 Best Hair Care Deals This Prime Day as Low as $5.50
- Wind power operations off Nantucket Island are suspended after turbine blade parts washed ashore
- Senate begins final push to expand Social Security benefits for millions of people
- Home Elusive Home: Low-income Lincoln renters often turned away
- Sofia Vergara, David Beckham and More Stars React to 2024 Emmy Nominations
- Simone Biles changed gymnastics. Now, it has to be more accessible for kids of color
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Amazon Prime Day Deals on Cute Athleisure & Activewear That Won't Break a Sweat, up to 58% Off
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Here's how to get rid of bees around your home
- California passed a law to fix unsafe homeless shelters. Cities and counties are ignoring it
- Afghanistan floods blamed for dozens of deaths as severe storms wreak havoc in the country's east
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Ashley home furnishings to expand Mississippi operations
- Brad Pitt seeks dismissal of Angelina Jolie's request for messages about plane incident
- Massachusetts lawmakers reach compromise deal on gun bill
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Inside NBC's extravagant plans to bring you Paris Olympics coverage from *every* angle
Former Mozambique finance minister on trial in US over ‘tuna bond’ scandal that spurred debt crisis
JD Vance could become first vice president with facial hair in decades
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
July 2024 full moon rises this weekend. But why is it called a 'buck moon'?
Griselda's Sofía Vergara Makes History With 2024 Emmy Nomination
Eric Trump calls failures that led to attempted assassination of his father infuriating