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Miami Herald
8 hours ago
- Business
- Miami Herald
Minimum Wage To Change in 15 States, Cities on July 1: Here's Where
Hundreds of thousands of workers across the U.S. are set to get a pay bump starting July 1, as minimum wage increases take effect in more than a dozen states, cities, and counties. According to the Economic Policy Institute (EPI), more than 800,000 workers in Alaska, Oregon and Washington, D.C. alone will see their baseline pay go up next month. Another dozen local jurisdictions-mostly in California-will also implement increases. The pay hikes come as the federal minimum wage remains stuck at $7.25 per hour, unchanged since 2009. With the cost of living continuing to rise, many states and cities have raised their own minimums through legislation, ballot measures or inflation adjustments. In Alaska, the minimum wage will rise by $1.09 to $13.00 an hour, an increase approved by voters through a ballot measure. EPI calculates the boost will affect 19,400 workers-about 6.3 percent of Alaska's workforce-and add an average of $925 per year to their paychecks. Washington, D.C. will raise its minimum by 45 cents to $17.95 an hour due to an automatic inflation adjustment, impacting an estimated 62,200 workers, or 7.5 percent of the city's workforce. The average worker there will earn about $727 more per year. In Oregon, about 801,700 workers-roughly 9.4 percent of the state's workforce-will see their minimum wage climb 35 cents to $15.05 an hour, also tied to inflation. That's an average annual increase of $420 per worker. Beyond those statewide and D.C. changes, minimum wages will increase in 12 cities and counties next month. That includes 10 cities and counties in California, with increases ranging from 45 to 59 cents an hour. New hourly rates will range from about $17.46 in Alameda to nearly $20 in Emeryville-one of the highest local minimum wages in the country. Cities including Berkeley and San Francisco will see their wages climb to $19.18 an hour, while workers in Los Angeles and surrounding areas will earn just under $18. Outside California, Chicago, Illinois, will boost its minimum wage by 40 cents, bringing it to $16.60 an hour. And in Maryland, Montgomery County will increase its minimum wage by 50 cents to $17.65 an hour. The EPI estimates that about 58 percent of workers benefiting from the July 1 hikes are women, while Black and Hispanic workers will also disproportionately gain. "These minimum wage increases will put more money in workers' pockets, helping many of them and their families make ends meet," EPI state economic analyst Sebastian Martinez Hickey said. "The average increase in annual wages for a full-time, year-round worker resulting from these minimum wage hikes ranges from $420 in Oregon to $925 in Alaska." Calls to raise the federal wage persist. This month, Republican Senator Josh Hawley of Missouri and Democratic Senator Peter Welch of Vermont introduced a bipartisan bill to lift the federal minimum to $15 per hour-more than double the current rate. Starting July 1, employers will have to ensure they review the changes made in different cities to minimum wage rates and pay their employees accordingly. Related Articles Joe Rogan Trashes US Minimum Wage: 'Disgusting'California Cities To See Minimum Wage Change on July 1Donald Trump Weighs In on Plan To Increase Minimum WageLos Angeles Votes for $30 Minimum Wage 2025 NEWSWEEK DIGITAL LLC.
Newsweek
10 hours ago
- Business
- Newsweek
Minimum Wage To Change in 15 States, Cities on July 1: Here's Where
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Hundreds of thousands of workers across the U.S. are set to get a pay bump starting July 1, as minimum wage increases take effect in more than a dozen states, cities, and counties. According to the Economic Policy Institute (EPI), more than 800,000 workers in Alaska, Oregon and Washington, D.C. alone will see their baseline pay go up next month. Another dozen local jurisdictions—mostly in California—will also implement increases. Why It Matters The pay hikes come as the federal minimum wage remains stuck at $7.25 per hour, unchanged since 2009. With the cost of living continuing to rise, many states and cities have raised their own minimums through legislation, ballot measures or inflation adjustments. This Oct. 24, 2016 file photo shows dollar bills in New York. This Oct. 24, 2016 file photo shows dollar bills in New York. Mark Lennihan/AP What To Know In Alaska, the minimum wage will rise by $1.09 to $13.00 an hour, an increase approved by voters through a ballot measure. EPI calculates the boost will affect 19,400 workers—about 6.3 percent of Alaska's workforce—and add an average of $925 per year to their paychecks. Washington, D.C. will raise its minimum by 45 cents to $17.95 an hour due to an automatic inflation adjustment, impacting an estimated 62,200 workers, or 7.5 percent of the city's workforce. The average worker there will earn about $727 more per year. In Oregon, about 801,700 workers—roughly 9.4 percent of the state's workforce—will see their minimum wage climb 35 cents to $15.05 an hour, also tied to inflation. That's an average annual increase of $420 per worker. Beyond those statewide and D.C. changes, minimum wages will increase in 12 cities and counties next month. That includes 10 cities and counties in California, with increases ranging from 45 to 59 cents an hour. New hourly rates will range from about $17.46 in Alameda to nearly $20 in Emeryville—one of the highest local minimum wages in the country. Cities including Berkeley and San Francisco will see their wages climb to $19.18 an hour, while workers in Los Angeles and surrounding areas will earn just under $18. Outside California, Chicago, Illinois, will boost its minimum wage by 40 cents, bringing it to $16.60 an hour. And in Maryland, Montgomery County will increase its minimum wage by 50 cents to $17.65 an hour. The EPI estimates that about 58 percent of workers benefiting from the July 1 hikes are women, while Black and Hispanic workers will also disproportionately gain. What People Are Saying "These minimum wage increases will put more money in workers' pockets, helping many of them and their families make ends meet," EPI state economic analyst Sebastian Martinez Hickey said. "The average increase in annual wages for a full-time, year-round worker resulting from these minimum wage hikes ranges from $420 in Oregon to $925 in Alaska." What Happens Next Calls to raise the federal wage persist. This month, Republican Senator Josh Hawley of Missouri and Democratic Senator Peter Welch of Vermont introduced a bipartisan bill to lift the federal minimum to $15 per hour—more than double the current rate. Starting July 1, employers will have to ensure they review the changes made in different cities to minimum wage rates and pay their employees accordingly.
CBS News
a day ago
- Business
- CBS News
Minimum wage set to rise in 15 cities and states in July. Here's where.
Hundreds of thousands of workers across more than a dozen cities and states will soon receive higher pay, thanks to minimum wage hikes set to go into effect July 1. More than 800,000 workers in two states —Alaska and Oregon — as well as Washington, D.C., will be impacted by higher minimum wages that take effect July 1, according to the left-leaning economic think tank Economic Policy Institute (EPI). Additionally, a dozen cities and counties are also set to boost their baseline pay rates next month. The higher minimum wages come as the federal baseline rate remains at $7.25 an hour, where it's been parked since 2009. As the cost of living has crept higher in subsequent years, some states and municipalities have boosted their own minimum wages through a combination of ballot measures, inflation adjustments and legislation. "These minimum wage increases will put more money in workers' pockets, helping many of them and their families make ends meet," EPI state economic analyst Sebastian Martinez Hickey wrote in a post about the higher pay. "The average increase in annual wages for a full-time, year-round worker resulting from these minimum wage hikes ranges from $420 in Oregon to $925 in Alaska." About 58% of the workers who will receive pay hikes are women, while Black and Hispanic workers will also disproportionately benefit, according to the EPI's analysis. While the federal minimum wage hasn't budged in 16 years, there have been periodic attempts to boost it, with the latest coming from Senator Josh Hawley, a Republican from Missouri, who earlier this month introduced legislation to increase the national baseline wage to $15 per hour. He was joined by Vermont Democratic Sen. Peter Welch as a co-sponsor. Pay hikes in Alaska, D.C., and Oregon Alaska's baseline wage will rise by $1.09 to $13.00 an hour, which was approved via a ballot measure passed by voters. The boost will impact 6.3% of the state's workforce, or 19,400 people, who will see an average annual pay increase of $925, EPI calculates. In Washington, D.C., 7.5% of the workforce, or 62,200 workers, will benefit from the minimum wage rising by 45 cents to $17.95 an hour, thanks to an inflation adjustment formula. With the new minimum in place, a full-time worker in the nation's capital will earn an additional $727 in annual wages, on average, according to the EPI's calculations. Oregon's minimum wage will rise 35 cents to $15.05 an hour on July 1, also through an inflation adjustment, boosting pay for 9.4% of the state's workforce, or 801,700 workers. The average pay hike will equate to $420 annually. Where else are workers getting raises? In addition to Alaska, Oregon and Washington, D.C., 12 more cities and counties across California, Illinois and Maryland will boost their minimum wages next month: Alameda, California: The minimum wage will rise 46 cents to $17.46 Berkeley, California: The minimum wage will rise 51 cents to $19.18 Emeryville, California: The minimum wage will rise 54 cents to $19.90 Fremont, California: The minimum wage will rise 45 cents to $17.75 Los Angeles, California: The baseline wage will rise 59 cents to $17.87 Los Angeles County, California: The minimum wage will rise 54 cents to $17.81 Milpitas, California: The minimum wage will rise 50 cents to $18.20 Pasadena, California: The minimum wage will rise 54 cents to $18.04 San Francisco, California: The minimum wage will rise 51 cents to $19.18 Santa Monica, California: The minimum wage will rise 54 cents to $17.81 Chicago, Illinois: The minimum wage will rise 40 cents to $16.60 Montgomery County, Maryland: The minimum wage will rise 50 cents to $17.65
