Workers in these states just got a pay raise | CNN Business

Jan 2, 2025  · Follow CNN Business. ... Workers in these states just got a pay raise ... implemented a sectoral minimum wage hike for fast food workers in the state, raising their …


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Workers In These States Just Got A Pay Raise - MSN

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The increases — which range from 18 cents to $1.75 (hello, Delaware) — are expected to affect more than 9.2 million workers, raising their pay by a combined $5.7 billion, according to the ...

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Workers In These States Just Got A Pay Raise - Lee News Central

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Jan 2, 2025  · Hourly minimum wages increased in 21 states on Wednesday, as part of ongoing efforts to have pay keep up with the rising cost of living or to meet milestones such as a $15 …

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Unions Are The Strongest In Decades. Nearly A Million Americans …

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Nov 21, 2023  · That’s how many unionized workers have won immediate pay hikes of 10% or more in just the last year, according to an analysis by CNN. And the pace of increases of that …

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More Than 9 Million Workers Are Getting A Raise On Jan. 1. Here's …

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Dec 30, 2024  · Ohio's minimum pay is increasing to $10.70 from $10.45 due to an inflation adjustment, but there is not a single county in the state where a worker can make less than …

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Employers Kept Hiking Workers’ Wages Last Quarter, But They Did …

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Oct 28, 2022  · Compensation for private industry workers decelerated a bit, rising just 1.1% in the most recent quarter, compared to 1.5% in the prior period, and 5.2% for the year ending in …

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Over 9.2 Million Workers Will Get A Raise On January 1 From 21 …

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Dec 17, 2024  · Women make up almost three-fifths (58.2%) of workers getting a raise. Black and Hispanic workers will disproportionately benefit. Black workers make up 9.1% of the wage …

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CEOs Are Enjoying Huge Paydays While Their Workers Struggle To

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Jun 7, 2022  · Put another way: CEOs at these firms got a $2.5 million raise. Low-wage workers got a $3,500 raise. The average CEO made $10.6 million a year. The average low-wage …

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Inflation Wiped Out America’s Pay Raises | CNN Business

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Aug 10, 2021  · Follow CNN Business. World ... These drones map 150-degree temperatures in urban areas ... That industry’s employers are scrambling to find workers, resulting in a 1.6% …

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A Core Frustration Unites Striking Workers: Exorbitant CEO Pay

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Sep 18, 2023  · Since 1978, the CEO compensation among America’s 300 biggest companies has gone up 1,460%, while the typical worker’s pay grew by just 18% (both adjusted for inflation), …

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FAQs about Workers in these states just got a pay raise | CNN Business Coupon?

How many states will raise minimum wages on January 1?

Twenty-one states will increase their minimum wages on January 1, raising pay for more than 9.2 million workers by a total of $5.7 billion. In addition, 48 cities and counties will raise their minimum wages above their state wage floors, mostly in California, Colorado, and Washington. Click map to view data. ...

Did minimum wage workers get a boost on July 1?

Minimum wage workers in more than a dozen states received pay increases on July 1. Lots of low-wage workers just received a boost in pay, as more than a dozen states and localities increased their minimum wages. ...

What percentage of workers receive wage increases?

Black workers make up 9.1% of the wage-earning workforce in the states with increases, but are 11.3% of affected workers. Similarly, Hispanic workers are 19.5% of the workforce in these states, but 38.8% of the workers receiving wage increases. More than a quarter (25.7%) of affected workers are parents. ...

How much will a new minimum wage increase cost US workers?

The increases account for more than $5 billion in pay boosts for an estimated 8.4 million workers, the Economic Policy Institute estimates. Additionally, nearly 30 cities and counties across the US will increase their minimum wage, according to the EPI, a left-leaning think tank. ...

Should minimum wages be raised?

While the federal minimum wage continues to stagnate, state and local lawmakers have recognized the need to lift wages for millions of workers. In many places, more ambitious minimum wages are being used to shape a more equitable economy where workers are more likely to earn a dignified living wage. ...

Which states are raising minimum wages in 2025?

In Colorado, four localities are increasing their minimum wages, including Denver where the minimum wage will be $18.81 an hour in 2025. Notably, unincorporated Boulder County is scheduled to reach $25 an hour by 2030. In Washington state, seven localities are raising their minimum wages. ...

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