Employees in half of U.S. states will get minimal wage will increase this 12 months
2022 will be a more expensive year for many Americans, with inflation at its highest in nearly 40 years. Along with higher prices, 25 states are due for minimum wage increases this year.
California will have the highest national minimum wage in the US at $ 15 an hour in 2022 – an increase of $ 1 an hour from 2021.
However, California law only applies to employers with 26 or more employees. Otherwise, the state minimum wage for employers with fewer than 26 employees is $ 14 an hour, but is slated to increase to $ 15 an hour by 2023.
In addition, a minimum wage of $ 15 an hour went into effect on January 1 in three New York boroughs: Westchester, Suffolk and Nassau. Two years ago, a minimum wage of $ 15 went into effect for all workers in New York City.
The remaining New York boroughs must pay workers at least $ 13.20 an hour, up $ 0.70 from the previous year. This also came into force on January 1st.
Washington, DC has the highest minimum wage at $ 15.20; this law came into force in 2021.
The largest effective minimum wage increase that year was in Virginia, where it rose from $ 9.50 an hour to $ 11 an hour on Jan. 1.
Eight states (Arizona, Colorado, Maine, Washington, Minnesota, Montana, Ohio, and South Dakota) raised the minimum wage across their state based on increases in the cost of living reported in the consumer price index.
That comes from an analysis of state and city minimum wage laws in 2022, published by the National Employment Law Project, a nonprofit advocating for workers’ rights.
The state minimum wage that applies to most private sector employers has been $ 7.25 an hour as of 2009. That’s about $ 15,000 a year for someone who works 40 hours a week. President Joe Biden attempted to raise the federal minimum wage to $ 15 in a pandemic relief package in 2021, but the proposal was thrown away after the Senate MP ruled that the minimum wage bill could not be passed through the budget reconciliation process.
The Biden government later issued an executive order that raised the minimum wage for federal entrepreneurs to $ 15 an hour.
Even without minimum wage increases, given the widespread labor shortage, many employers in the US have raised their own wages to attract workers. In the third quarter of last year, employers increased wages and salaries by 1.5%.
According to the latest figures from the Bureau of Labor Statistics, there are still about 11 million job openings and about 6.9 million unemployed in the United States.
The BLS will publish new data on job vacancies for November on Tuesday and unemployment data for December on Friday.