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The minimum wage is set to increase in 22 states on Jan. 1, 2024.

Why it matters: For Americans making minimum wage, it's an automatic raise — but it also ripples out. Typically, increasing the wage floor for the lowest earners pushes up pay for those who make a bit more than the minimum, as employers have to adjust pay scales upwards.

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[-] subignition@kbin.social 6 points 10 months ago

Maybe. I think most people are going to see their bills increasing by more than this minimum wage increase though

[-] variants@possumpat.io 1 points 10 months ago

Yup the bills will increase regardless if the minimum wage increases or not

this post was submitted on 23 Dec 2023
108 points (98.2% liked)

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