Amid inflation, and no changes on the federal level, multiple states will be raising their minimum wages in 2023.
The federal minimum wage in the U.S. is $7.25, a rate that hasn’t changed since 2009. As of fall 2022, 15 states have minimum wage rates that match the federal minimum wage, down from 16 last year.
In the new year, 27 states will see an increase in their minimum wage. Most will take effect on January 1, but others will have to wait until further into 2023.
California will have the highest minimum wage rate at $15.50, up from the $15 it set in 2022. Only Washington, D.C. has a higher minimum wage of $16.10. D.C.’s wage will rise again in July, 2023 in proportion to the increase in the Consumer Price Index, according to its Department of Employment Services.
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Article URL : https://thehill.com/homenews/nexstar_media_wire/3776862-these-states-are-raising-their-minimum-wages-in-2023/