• Which States Have the Highest Minimum Wage in America?

    From a425couple@21:1/5 to All on Wed Apr 10 07:55:45 2024
    XPost: seattle.politics, or.politics, ca.politics
    XPost: alt.economics

    from
    https://www.visualcapitalist.com/highest-minimum-wage-in-america/

    Which States Have the Highest Minimum Wage in America?
    Published 5 seconds ago on April 9, 2024
    By Dorothy Neufeld
    See this visualization first on the Voronoi app.

    This illustrative graphic shows the states with the highest minimum wage
    in America in 2024.

    Which States Have the Highest Minimum Wage in America?
    This was originally posted on our Voronoi app. Download the app for free
    on iOS or Android and discover incredible data-driven charts from a
    variety of trusted sources.

    This year, 22 states are raising their minimum wage, impacting almost 10 million workers across the country.

    Many states raise the minimum wage each year to adjust to a cost of
    living index, while others have raised the pay floor for delivery
    drivers and fast-food workers. Today, the federal minimum wage stands at
    $7.25, a rate that has remained the same for 15 years.

    This graphic shows the states with the highest minimum wage in America,
    based on data from Bloomberg Law.

    The Highest Minimum Wages, by State
    Here are the states with the highest minimum wage as of January 1, 2024:

    Rank State Minimum Wage
    1 District of Columbia1 $17.00
    2 Washington $16.28
    3 California $16.00
    4 Connecticut $15.69
    5 New Jersey2 $15.13
    6 Maryland $15.00
    7 New York3 $15.00
    8 Massachusettes $15.00
    9 Colorado $14.42
    10 Arizona $14.35
    11 Oregon4 $14.20
    12 Maine $14.15
    U.S. Federal Mandate $7.25
    1District of Columbia: Indexes hourly minimum wage rate to inflation
    2New Jersey: Seasonal/small employer with five employees or less=
    $13.90, agricultural employers= $12.81, long term care facility direct
    care staff= $18.13
    3New York: New York City, Nassau, Suffolk, and Westchester counties= $16.00 4Oregon: Indexes hourly minimum wage rate to inflation. Nonurban
    counties= $13.20, Portland metro= $15.45

    The District of Columbia has the highest minimum wage in the country, at
    $17 an hour.

    Next in line is Washington state, where the minimum wage was raised to
    $16.28 an hour at the start of the year, up from $15.74. Both
    jurisdictions tie their minimum wage increases to inflation, along with
    several of the states on this list such as New York, Colorado, and Arizona.

    With the largest planned increase nationally, Hawaii is raising its
    minimum wage to $18 an hour by 2028. Currently, the minimum wage stands
    at $14 an hour in the Aloha State.

    As we can see, many of the top states have minimum wages that are more
    than double the federal minimum wage, which has declined in real value
    for many years. For context, the real value of the federal minimum wage
    hit a peak in 1970, where it would be worth $12.61 today.

    California’s New Fast-Food Wage Hike
    Fast-food workers in California recently received a pay bump after a new
    law raised the minimum wage to $20 an hour, $4 more than the state’s
    minimum wage.

    In response, Pizza Hut announced it was laying off over 1,200 delivery
    drivers, while McDonalds said that it would increase prices in
    California due to higher wage costs. Other chain operators are reducing
    hours, while El Pollo Loco plans to automate part of how it makes salsa.

    Affecting half a million workers at 33,000 restaurants, the law applies
    to chains with 60 or more locations across the country, making it the
    highest minimum wage in America.

    Enjoying the data visualization above?
    Your email address
    Subscribe
    RELATED TOPICS:InflationCaliforniaMinimum WageRising Cost Of Living
    DON'T MISSWhere Does One U.S. Tax Dollar Go?CLICK FOR COMMENTSYOU MAY
    ALSO LIKEGraphic illustrating the top ten emerging markets according to
    their FDI momentum in 2024.
    Top Emerging Markets for Investment in 2024


    G20 Inflation Rates: Feb 2024 vs COVID Peak


    Chart: The Declining Value of the U.S. Federal Minimum Wage

    This map shows inflation projections around the world in 2024.
    Mapped: Inflation Projections by Country, in 2024

    This map shows global GDP growth forecasts in 2024.
    Mapped: GDP Growth Forecasts by Country in 2024

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)