Some good news to look forward to for the new year, the minimum wage in Colorado is going up. Washington state will have the highest minimum wage in the US after the start of the new year, but other states will see increases too.
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The other states raising their wage floors are Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island and Vermont.
The federal minimum wage remains $7.25 per hour, with no cost-of-living adjustment, and prevails in 31 states that do not mandate a higher state minimum wage. The last raise to the federal minimum came in 2009, after a series of increases signed into law by President George W. Bush.
[ Huffington Post ]