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Almost 10 million workers in 22 states will get raises on January 1. See where wages are rising.

Almost 10 million workers in 22 states will get raises on January 1. See where wages are rising.

CBSN
Tuesday, December 26, 2023 06:14:17 PM UTC

Higher minimum wages will go into effect on January 1 across 22 states, giving an economic boost to almost 10 million workers, according to a recent estimate. 

The higher baseline wages will deliver almost $7 billion in additional annual wages to about 9.9 million workers, the left-leaning Economic Policy Institute said in a research post on December 21. The increases will boost the baseline pay to at least $16 an hour in three states: California, New York and Washington. 

On top of the state pay hikes, an additional 38 cities and counties will also increase their minimum wages, the group said.

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