Article Image

IPFS News Link • Minimum Wage

Which States Have The Highest Minimum Wage In America?

• https://www.zerohedge.com, by Tyler Durden

Many states raise the minimum wage each year to adjust to a cost of living index, while others have raised the pay floor for delivery drivers and fast-food workers. Today, the federal minimum wage stands at $7.25, a rate that has remained the same for 15 years.

This graphic, via Visual Capitalist's Dorothy Neufeld, shows the states with the highest minimum wage in America, based on data from Bloomberg Law.

The Highest Minimum Wages, by State

Here are the states with the highest minimum wage as of January 1, 2024:

1 District of Columbia: Indexes hourly minimum wage rate to inflation

2 New Jersey: Seasonal/small employer with five employees or less= $13.90, agricultural employers= $12.81, long term care facility direct care staff= $18.13

3 New York: New York City, Nassau, Suffolk, and Westchester counties= $16.00

4 Oregon: Indexes hourly minimum wage rate to inflation. Nonurban counties= $13.20, Portland metro= $15.45

The District of Columbia has the highest minimum wage in the country, at $17 an hour.

Next in line is Washington state, where the minimum wage was raised to $16.28 an hour at the start of the year, up from $15.74. Both jurisdictions tie their minimum wage increases to inflation, along with several of the states on this list such as New York, Colorado, and Arizona.