Thursday, December 23, 2010

Seven States To Raise Minimum Wage In 2011

Seven States To Raise Minimum Wage In 2011

Some 647,000 minimum wage earners in seven states will get a raise next year, according to the National Employment Law Project (NELP), an employment advocacy group .
Those states are Arizona, Colorado, Montana, Ohio, Oregon, Vermont and Washington. Granted, the increases aren't going to be much: they range between nine and 12 cents an hour. But in these times, every penny counts.

The state of Washington will raise minimum wages the most -- by 12 cents -- bringing the hourly rate to $8.67 and adding an extra $20 a month to paychecks. Colorado will hike its minimum wage by 11 cents, while Arizona, Montana, Ohio and Oregon will raise it by 10 cents and Vermont will boost its minimum wage by nine cents.

It seems only 10 states automatically adjust their minimum wage levels each year for inflation. Florida, Missouri and Nevada which also require annual cost-of-living adjustments are leaving the state minimum wage rates unchanged at $7.25 per hour.

And the remaining 40 states and the District of Columbia that have no automatic adjustment must pass legislation to increase the minimum wage. According to NELP, none of those states have plans for increases at this time.

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