On January 1, workers in 13 states will receive a higher paycheck due to increases in minimum wage. Most of the increases amount to less than 15 cents an hour.
Residents in Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Vermont and Washington will see a higher wage floor due to annual cost of living adjustments.
The Economic Policy Institute estimates that the increases will boost the incomes of 2.5 million low-wage workers next year. Currently 19 states have minimum wages that are higher than the federally mandated rate of $7.25 per hour.
What should the minimum wage be?
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