Nearly One And A Half Million Workers Will Get A Raise On New Year’s Day

[xchrom]

http://thinkprogress.org/economy/2013/12/28/3105581/minimum-wage-raise-year/



Come January 1, over 1.4 million people — 1,441,000 to be exact — will get a raise thanks to increasing minimum wages in 13 states, according to an analysis by the National Employment Law Project (NELP).

Four states — Connecticut, New Jersey, New York, and Rhode Island — passed increases in their minimum wages this year that take effect at the beginning of 2014. The other nine — Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Vermont, and Washington — will see an increase thanks to state laws that require automatic annual raises tied to the cost of living. California also passed a higher wage of $10 an hour that will take effect later in the year.

At the city level, workers in the small Washington state town of SeaTac will get a $15 wage after a ballot initiative passed in November, and San Francisco and San Jose will both see increases on January 1 thanks to required automatic adjustments indexed to inflation, raising their wages to $10.79 and $10.15, respectively. Those in Washington, D.C. are likely to get one of $11.50 next year as well.

NELP also estimates that more than 1.1 million workers who make just above the minimum will be indirectly impacted by the 13 states’ higher wages as pay scales are revised upward. The increased wages for both those making minimum wage and those just above it will come to nearly a billion dollars, or $978 million. The extra spending that will generate will boost GDP by nearly $620 million.

[Motown_Johnny]

1. and many will get better benefits too, thanks to Obamacare.

I'm just saying...



Gonna be some changes when that big ball drops this year.

[Laelth]

2. k&r for labor. n/t

-Laelth