Minimum Wages Increase in 25 States in 2021

Posted by lyceum under News
From https://smallbiztrends.com 1415 days ago
Made Hot by: LimeWood on January 7, 2021 10:35 am

According to a study by Wolters Kluwer Legal & Regulatory 25 states will raise their minimum wage in 2021, with 21 of those states enacting the increases on New Year’s day.
By the beginning of the New Year, New York and Oregon, which both have regional minimum wage rates, will see the highest wages reaching $15.00 in New York City and $14.00 in the Portland Metro Area effective July 1, 2021.
At the end of the spectrum, the lowest minimum wage rates of $5.15 are in Georgia and Wyoming. However, most employers and employees are subject to the higher federal minimum wage rate of $7.25 per hour.

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Comments

Written by amabaie
1410 days ago

This is good news for low income people, but also for business. Workers are so much more productive, loyal and effective when they are not preoccupied with how to pay their water bills or resentful for feeling like indentured slaves. Even at $15 per hour, could you afford rent in NYC or Los Angeles? Maybe in Wyoming, but not in pretty much any urban area in North America.

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Written by lyceum
1409 days ago

David: We could have a discussion, discourse, or even a debate about this topic! ;) What is the minimum wage for a solopreneur?

Best Premises,

Martin

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