Workers in half the country will see major pay increase in 2023

Washington, D.C., and over half the states in america are elevating their minimal wage this yr, with residents of the nation’s capital getting the largest increase.

Starting this previous Sunday, D.C.’s residing wage will improve to $16.50 an hour. This quantity will later improve to $17 an hour on July 1, making it the very best minimal wage inside the U.S., in response to a information launch from D.C. Mayor Muriel Bowser’s workplace.

Maryland residents can even profit from a lift within the state’s minimal wage going into the brand new yr, with the state’s minimal wage rising to $13.25. The minimal wage will improve once more subsequent yr on Jan. 1, which can go up by $0.75 to make it $14 per hour.

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Employees in Virginia can even expertise a rise within the state’s minimal wage. Starting Jan. 1, the minimal wage within the state will probably be $12 an hour.

Different states present process will increase of their minimal wages in 2023 embody Ohio, Rhode Island, Vermont, Massachusetts, Colorado, and Florida. The state of Montana will expertise the smallest of those will increase, with its minimal wage rising to $9.95 an hour for companies with annual product sales of greater than $110,000, in response to CNBC.

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The minimal wage will increase taking place throughout the nation come because the U.S. continues its battle in opposition to inflation.