Twenty States Raise Minimum Wage at Start of New Year

Twenty states and dozens of localities increased their minimum wage, giving a financial boost to many frontline workers during the pandemic. New Mexico will see the largest jump, adding $1.50 to its hourly minimum and bringing it up to $10.50. Arkansas, California, Illinois and New Jersey will each increase their minimum wages by $1. Alaska, Maine and South Dakota will increase wages by just 15 cents an hour, while the rate in Minnesota will rise by half that, at 8 cents, to $10.08 an hour. Additional increases are scheduled for elsewhere this year, with most changes taking effect on July 1st. Much of the country’s workforce have seen their wages remain relatively stagnant for decades when inflation is taken into account.

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