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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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[-] LemmyKnowsBest@lemmy.world 20 points 10 months ago

Yup. My pay will increase 50¢ on January 1st 🥱

[-] ULS@lemmy.ml 8 points 10 months ago* (last edited 10 months ago)

What are you going to do with all that?

You should collect gumball machine trinkets.

[-] LemmyKnowsBest@lemmy.world 2 points 10 months ago

I'm sure there are some people in the world who when they get raises, they set aside the difference and save it up for an investment of some sort instead of just carrying on their life as normal and spending the extra money as if it was always there. Gumball machine trinkets, woo-hoo.

[-] 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

[-] TonyTonyChopper@mander.xyz 19 points 10 months ago

If it doesn't go up in pace with inflation you're getting paid less each year

[-] themurphy@lemmy.world 3 points 10 months ago

Working as intended then.

[-] Fleamo@lemmy.world 6 points 10 months ago

I had a job for a really long time with no raise, finally quit a few months before my job became minimum wage.

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

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