Posts

Showing posts with the label Business News

13 States to Raise Their Minimum Wage For 2014

Image
W ASHINGTON -- Minimum wage workers in a handful of states will be ringing in the new year with an automatic pay raise. As Congress considers legislation that would boost the federal minimum wage, at least 13 states will be raising the wage floor on their own next week. They're led once again by Washington state, which will continue to have the highest state minimum wage in the nation, at $9.32 per hour. A few cities and counties around the country will be raising their minimum wages as well, including San Francisco, which will set its at $10.74. San Francisco's base will no longer be the highest municipal minimum wage in the country, however, after voters in SeaTac, Wash., approved a ballot measure setting a $15 wage floor for an estimated 6,000 airport workers. The SeaTac minimum wage is set to go into effect Jan. 1, although it's currently being challenged in court. Most of next week's increases will come courtesy of an inflation index. Ten st...