Minimum Wage Workers Could See an Increase

Minimum wage workers in eight states could see their paychecks grow by hundreds of dollars next year.

All thanks to state laws that require annual minimum wage adjustments to keep pace with inflation.

Workers in Colorado, Montana, Ohio, Washington and Oregon will see a 28 to 37 cent hourly bump in their pay.
That translates into annual raises around $600 and $700 dollars for full-time workers, depending on where they live.
Washington workers enjoy the highest minimum wage of just over $9 dollars.
Arizona, Florida and Vermont are expected to announce a rate increase too.

The federal minimum wage stands at $7.25 per hour and was last increased in 2009.
That's just over $15,000 a year and below the poverty rate for a family of four.

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  • by Pace Location: panama city on Oct 4, 2011 at 01:35 PM
    Minimum wage increases are just a political way to try to get votes in the next election. In reality these mandated wage increases just increase prices for everyone. Politicians don't care who they hurt, they just want to get reelected. Minimum wage earners are usually less educated so the politicians figure they can give them a bogus wage increase and get their vote. The poor minimum wage earners don't even realize they are getting duped.
  • by james Location: pc on Oct 4, 2011 at 12:59 PM
    What a useless thing to do. Every time the minimum wage is raised there is always an associated increase in prices. So, the minimum wage earner will never get ahead that way. Plus the increase in prices hurts the salaried workers who don't benefit from the wage increase. Also, working in low/no skill jobs will never allow a person to solely support a family. People must accept the responsibility to better their skills to improve their wage earning ability. It's not always easy or convenient, but it's the way to make more money.
  • by string Location: Panama City on Oct 4, 2011 at 09:51 AM
    By rising the minimum wage, it will rise the cost of items, or for some business it can mean a lost of a job.
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