Economy

In 4 days, NJ's minimum wage will creep up 16 cents

In 4 days, NJ's minimum wage will creep up 16 cents”

Ontario is attracting a lot of attention as it plans to increase the minimum wage next Monday to $14 an hour.

ME is one of 18 states, including three in New England, raising wages in January.

Roughly 59,000 Mainers will receive a direct wage increase on New Year's Day as Maine's minimum wage grows to $10 per hour, a $1 hourly increase over last year.

The wage applies to all Florida workers who are covered by the federal minimum wage, according to the Department of Economic Opportunity.

The minimum wage rose from $8.38 in 2016 to $8.44 in 2017.

Inequality in Britain

Numerous workers across California who earn lower wages will see a raise in wages as of January 1 under the state's minimum wage law that eventually will boost the hourly pay rates to a minimum of $15. The new minimum rate for workers at larger businesses - those with 26 or more employees - will be $11 per hour. Employees at smaller firms will reach $15 an hour in 2023.

With its increase, California is tied with MA for the third-highest statewide minimum wage in the country, according to data from the Labor Law Center.

Annual increases are determined by adjustments in the consumer price index after the state's voters approved a constitutional amendment in 2013.

Some cities in the Bay Area will have an increase in wages that will be higher. "Raising the minimum wage doesn't just provide greater economic security for ME workers; It boosts Maine's economy as well".

Minimum wage workers are already making more than that in Emeryville, where the minimum wage is $15.20 - reportedly the highest rate in the country.



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