21 states increased their minimum wages on the first day of 2022, highlighting the fact that the federal minimum wage remains at $7.25 an hour after more than a decade.
their minimum wages on the first day of 2022, raises that called additional attention to the fact that the federal wage floor remains at $7.25 an hour — where it has been stuck for more than a decade.published Thursday, David Cooper, Krista Faries, and Sebastian Martinez Hickey of the Economic Policy Institute observed that the January 1 wage hikes in 21 states “range from a $0.22 inflation adjustment in Michigan to a $1.
“The January 1 increases in 11 states — California, Delaware, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New Mexico, Rhode Island, Vermont, and Virginia — are the result of legislation passed by state lawmakers to raise their state’s wage floors,” the EPI experts wrote. “In nine states, the changes are the result of automatic annual inflation adjustments.”
Other states are slated to raise their wages later in the new year. According to the National Employment Law Project, a81 U.S. jurisdictions will increase their minimum wages in 2022, and voters in several states could have the chance to vote on wage-related ballot initiatives during the midterms — a testament to the growing momentum of the worker-led Fight for $15 movement.
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