Here are the new minimum wage hikes that take effect this month in cities and states across the US.
Workers across the country will see their pay increase as new minimum wage laws take effect this month.
The minimum wage rose starting July 1 for more than 880,000 workers in Alaska, Oregon, and Washington, D.C. In D.C., the city's minimum wage increases from $17.50 per hour to $17.95 per hour.
A dozen cities and counties, including Chicago, Los Angeles, and San Francisco, are also raising their minimum wage.
Nearly 6 in 10 workers who will see a bump are women and nearly half work full-time, according to a report from the Economic Policy Institute (EPI).
Minimum wage increases are a key to helping people keep up with inflation, which hit a four-decade high of 9.1% in mid-2022 before sliding back to 2.4% recently.
“There's no doubt there is an affordability crisis throughout the country, and these increases will provide needed relief to workers struggling to pay for the basics,” Yannet Lathrop, senior researcher and policy analyst at the National Employment Law Project, told Yahoo Finance. “But more raises are needed, especially at the federal level, where Congress has let the minimum wage languish at $7.25 an hour for more than 15 years."
According to EPI’s Minimum Wage Tracker, 30 states and D.C. have a higher minimum wage than the federal minimum.
Here's a rundown of the wage hikes this summer:
Some of these increases are earmarked for certain sectors. In California, for...
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