Minimum wage will be rising in 15 states and cities effective today, July 1, reported Newsweek. “According to the Economic Policy Institute (EPI), more than 800,000 workers in Alaska, Oregon and Washington, D.C. alone will see their baseline pay go up next month. Another dozen local jurisdictions—mostly in California—will also implement increases,” wrote the outlet.
Despite the federal minimum wage remaining at $7.25 since 2009, several states are increasing the number.
In Alaska, the minimum wage will rise by $1.09 to $13.00 an hour, which will reportedly affect 19,400 workers, and add an average of $925 per year to paychecks per Newsweek. In Washington, D.C., minimum wage is increasing by 45 cents to $17.95 an hour due to an automatic inflation adjustment, impacting an estimated 62,200 workers, or 7.5% of the city's workforce.
In Oregon, minimum wage will climb 35 cents to $15.05 an hour, also tied to inflation, according to the report.
Meanwhile in California, ten cities and counties in the state will see increases ranging from 45 to 59 cents an hour. New hourly rates will range from about $17.46 in Alameda to nearly $20 in Emeryville—one of the highest local minimum wages in the country. Cities including Berkeley and San Francisco will see their wages climb to $19.18 an hour, while workers in Los Angeles and surrounding areas will earn just under $18,” Newsweek wrote.
Outside California, Chicago will boost its minimum wage by 40 cents, bringing it to $16.60 an hour.
“These minimum wage increases will put more money in workers' pockets, helping many of them and their families make ends meet,” Sebastian Martinez Hickey, EPI state economic analyst said. “The average increase in annual wages for a full-time, year-round worker resulting from these minimum wage hikes ranges from $420 in Oregon to $925 in Alaska.”