Current:Home > StocksThese states will see a minimum-wage increase in 2024: See the map -Streamline Finance
These states will see a minimum-wage increase in 2024: See the map
View
Date:2025-04-12 10:48:22
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! (71)
Related
- Travis Hunter, the 2
- Mother found dead in Florida apartment fire had been stabbed in 'horrific incident'
- Live updates | Timing for the Israel-Hamas pause in fighting will be announced in the next 24 hours
- Coldplay concert in Malaysia can be stopped by organizers if the band misbehaves, government says
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Former Boy Scout leader pleads guilty to sexually assaulting New Hampshire boy decades ago
- NFL disability program leaves retired Saints tight end hurting and angry
- Border crossings closed after vehicle explosion on bridge connecting New York and Canada
- What to watch: O Jolie night
- What is the longest-running sitcom? This show keeps the laughs coming... and coming
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- How to watch the Geminids meteor shower
- Ex-Trump Organization executive Jeffrey McConney chokes up on stand at fraud trial, says he's very proud of work
- Swift, Super Bowl, sports betting: Commissioner Roger Goodell discusses state of NFL
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Gene Simmons is proud KISS 'did it our way' as band preps final two shows ever in New York
- Messi leaves match at Maracanã early, Argentina beats Brazil in game delayed by fight
- Prince Harry will appeal to ministers to obtain evidence for lawsuit against UK publisher
Recommendation
North Carolina justices rule for restaurants in COVID
Biden’s plan would raise salaries for Head Start teachers but could leave fewer spots for kids
OpenAI says ousted CEO Sam Altman to return to company behind ChatGPT
Stock market today: Asian shares slip in cautious trading following a weak close on Wall Street
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
'Fargo' Season 5: Cast, schedule, trailer, how to watch episode 3
Robbery suspect’s colorful underwear helped police arrest him, authorities say
Why Detroit Lions, Dallas Cowboys always play on Thanksgiving: What to know about football tradition