Summary
Starting January 1, 19 states in the U.S. will increase their minimum wage. This change impacts over 8.3 million workers either directly or indirectly as companies adjust their pay structures. By the end of the year, more workers will earn at least $15 an hour than those earning the federal minimum wage of $7.25.
Key Facts
- On January 1, minimum wage will rise in 19 U.S. states.
- More than 8.3 million workers will see a pay increase.
- Florida, Alaska, and Oregon will increase their wages later in the year.
- Missouri and Nebraska will reach a minimum wage of $15.
- Four states will have a minimum wage of $17 or more for some workers by year's end.
- The federal minimum wage remains at $7.25 per hour.
- Ohio's minimum wage will rise to $11, Arizona's to $15.15, and Virginia's to $12.77 on January 1.
- 20 states continue to use the federal minimum wage of $7.25.
