Minimum wages to rise in 31 states
From my latest Stateline.org story on Friday’s minimum wage hike…
Minimum-wage earners in 31 states and the District of Columbia can soon expect slightly bigger paychecks thanks to the third and final installment of a federal rate hike that raises the wage floor from $6.55 an hour to $7.25 an hour effective Friday (July 24).
The latest federal bump will enlarge roughly 4.5 million workers’ paychecks by about four cents an hour in some states to almost $1 an hour in others, according to the Economic Policy Institute, a nonpartisan research group in Washington, D.C. that supported the increase. (Click to read more — and to check out my accompanying graphics!)
