In November, Missourians voted to raise the minimum wage to $12 an hour by 2023. The Economic Policy Institute estimates about 677,000 Missouri workers will get a raise, but the Show-Me Institute predicts the state could lose 11,000 jobs as a result of the increase.
KFVS
December 28, 2018
The Economic Policy Institute provided data on the 20 states affected by minimum wage changes for 2019 as of a announcements made before Dec. 20. These are the four that upped the wage the most:
24/7 Wall St.
December 27, 2018
The wage hikes will increase pay for 5.3 million workers across the country, according to the Economic Policy Institute. “We won’t stop until every New Yorker is paid the fair wages they deserve”.
Click Lancashire
December 27, 2018
The federal minimum wage of $7.25, however, has not been raised since 2009, and it is used by 21 states, including Pennsylvania, Indiana, and Wisconsin. The Economic Policy Institute estimated in 2017 that it had lost one-eighth of its purchasing power since 2009. To have the same purchasing power as it did 50 years ago, the EPI said, the minimum would have to be $9.90. If it had risen as much as average nonsupervisory workers’ pay, it would be $11.62; and if it had grown as fast as workers’ productivity since 1968, it would be $19.33.
LaborPress
December 27, 2018
Employees who work year-round in 20 states will see their annual pay increase between $90 and $1,300 in 2019, Economic Policy Institute reports. In 29 states, minimum wage has surpassed the federal level’s rate of $7.25 per hour.
The Daily Voice
December 27, 2018
NEW YORK, NY — More than 5 million minimum wage workers will see their paychecks go up this year across 20 states and two dozen cities and counties. That’s according to a new analysis by the left-leaning Economic Policy Institute, which tracks minimum wage changes. The pay hikes come even as the federal minimum wage remains stagnant for the 12th consecutive year, the EPI said.
Patch
December 27, 2018
The Economic Policy Institute estimated that 107,100 people, around 4 percent of the total workforce in Missouri, receive minimum wage at their jobs in the state. On average, the minimum wage increase would lead to an average of $620 extra in their pockets for the year.
KSHB (Kansas City)
December 27, 2018
“It may not have motivated every lawmaker to agree that we should go to $15,” David Cooper, a senior economic analyst at the Economic Policy Institute, told the Associated Press. “But it’s motivated many of them to accept that we need higher minimum wages than we currently have in much of the country.”
Bustle
December 27, 2018
As employers review these changes, they may need to check for local minimum wage law changes, too. There are 24 cities and counties with higher local minimum wages that took effect Jan. 1, according to the Economic Policy Institute.
HR Dive
December 27, 2018