Happy New Year: Minimum Wage Up in 10 States
But gap between states is increasing, too
By Evann Gastaldo, Newser Staff
Posted Jan 1, 2013 2:22 PM CST
   (Shutterstock)

(Newser) – The new year brings with it minimum wage increases—from as little as 10 cents to as much as 35 cents—in 10 states, helping almost one million workers, NPR reports. Nine of the hikes were part of automatic cost-of-living adjustments, but in Rhode Island, the wage was upped for the first time in five years thanks to a new law. The increases also mean that the minimum wage gap is growing, the AP points out: Washington state, for example, bumped its minimum up to $9.19 per hour, while in neighboring Idaho, the lowest wage is almost $2 per hour less.

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Sniper
Jan 2, 2013 7:43 AM CST
If minimum wage rates are increased, but everything you buy increases in price to pay for the wage change, did you really make more money? Studies have shown that when the government gets involved in wage rates, they skew the numbers and cause more problems than they solve. When minimum wage rates are increased, almost everyone gets a pay increase, so to offset that increased cost a business has to either cut benefits (not much left to cut these days) to employees or raise prices to customers. You also have to understand it also causes an increase in pay rates for government works as well, which means next year they will be back asking for even more taxes to pay for the increase in salaries.
TheCher
Jan 2, 2013 5:56 AM CST
Supply and demand has more to do with consumer spending. Minimum wage has more to do with standard of living. I think the two issues are getting confused.
GoAway
Jan 2, 2013 3:48 AM CST
Why can't minimum wage be based on the amount of money a business makes? Walmart makes billions, but most of their employees are on food stamps and medicaid. How about a law that allows business owners to make a lot of money, but share the riches with their workers?