What you should know about NY minimum wage increase on December 31


Since 2009, the federal minimum wage has stalled at $7.25 an hour, but that's about to change for 20 states. Amid a strong backlash from the business sector, the government chose to include hours of paid rest in working hours when calculating the minimum wage.

1, the minimum wage will increase from $7.85 an hour to $8.60. With Missouri's minimum wage rising to $8.60 an hour, Baldwin will see a 60-cent bump that she says will take some of the bite out of her monthly bills.

New wage requirements will take effect in 20 states and almost two dozen cities around the start of the new year, affecting millions of workers around the U.S.

"If government wants to get involved in trying to help people at the lowest end of the wage scale, the best thing they can do is provide training", he said.

In May, the researchers determined that Seattle's initial increase to $11 an hour had an insignificant effect on employment but that the hike to $13 an hour resulted in "a large drop in employment". The state wage hikes range from an extra nickel per hour in Alaska to a $1-an-hour bump in Maine, Massachusetts and for California employers with more than 25 workers.

In October, however, those same researchers reached a contrasting conclusion.

St. Louis business owner Joe Edwards, who supports the higher wage, said it's important to him to treat workers with "respect and consideration".

All told, come December 31 or January 1, 20 states and 23 localities nationwide will hike the minimum wage. And then in six other states-Arizona, Arkansas, Colorado, Maine, Missouri, and Washington-the increases were decided by voters as ballot initiatives.

Up until a few decades ago, many economists anxious that raising the minimum wage would lead to employers hiring fewer workers. This brings to 29 the number of states with higher minimum wages than the federal level. Wages and tips combined must equal at least the minimum wage. "The American people believe in the value of work ― and that workers deserve to be valued".

"It may not have motivated every lawmaker to agree that we should go to $15", David Cooper, senior economic analyst at the Economic Policy Institute, told the Associated Press.