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How much will the US minimum wage be by 2023?

2022-12-30T18:21:04.692Z


It is expected that by 2023, the highest minimum wages will be in the District of Columbia, Washington and California, with values ​​above US$15 per hour.   


What does it mean that inflation has dropped in the United States?

1:54

(CNN Spanish) --

American workers could see an increase in their salaries of 4.3% in 2023, a figure that could represent the highest increase in 15 years, according to a survey by the consulting firm Willis Towers Watson.

But not everything is rosy.

With general inflation at a high point, any raise an employee gets below those levels means he'll earn less because his salary won't go as far as you'd think.

On the other hand, wage increases in the United States are not uniform, since at least 30 states plus the city of Washington (District of Columbia) have laws that establish minimum wages higher than the federal one, which according to the most recent information from the Department of Labor is set at $7.25 per hour.

The most recent wage increase came at the start of 2022, when 21 states raised their minimum wages in varying ranges from a few cents to $1.5 more than the previous year.

The federal minimum wage

The federal minimum is $7.25 an hour since 2009. The figure is not adjusted automatically, but requires Congress to pass and the president to sign a law to that effect.

This period since 2009 is the longest American workers have gone without a federally mandated wage increase.

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US President Joe Biden and some progressive Democrats previously advocated for a $15 federal minimum wage, a proposal that already applies to federal contractors under a government decree, but which failed in Congress in 2022.

There is also a large exception to the minimum wage for tipped workers, such as servers.

The federal minimum for those workers is just $2.13 an hour.

File photo.

(Credit: Matias Delacroix/Getty Images)

The 10 states with the highest minimum wages expected to increase in 2023

The highest minimum wage for 2023 is expected to be in the District of Columbia, which in July 2022 increased their wage from $15.20 to $16.10 an hour, regardless of the size of the company they work for .

By 2023 this will be the highest minimum wage.

And the minimum wage for tipped employees will go from $5.05 an hour to $5.35, according to the local Department of Employment Services.

For its part, in the state of Washington, the minimum wage will increase by US$1.25 per hour in 2023, from US$14.49 to $15.74 per hour.

The increase, which represents 8.66%, "is directly related to the cost of common goods such as housing, food and medical care, as reflected in the Consumer Price Index," says the Department of Labor. of the state.

California will also increase your base salary.

Starting in January of next year, he will set his minimum wage at $15.50 an hour from the current $14 an hour.

Massachusetts will increase his wage from $14.25 to $15 an hour.

For tipped workers, the basic wage will be $6.75 per hour, plus tips.

Starting December 31, 2022, New York State will go from having a minimum wage of $13.20 to $14.20.

New York City keeps the minimum wage at $15.

Connecticut will increase its minimum wages from $14 in 2022 to $15 on June 1, 2023.

New Jersey will increase the hourly minimum wage by $1.13 from $13 to $14.13 effective January 1, 2023.

Arizona will increase its minimum wage by $1.05, moving the hourly rate from $12.80 to $13.85.

Maine will also increase the minimum hourly pay effective January 1, 2023, from $12.75 to $13.80.

Oregon expects an increase in its standard minimum wage from $12.75 an hour to $13.50 on June 30.

Since that date the minimum pay in Portland is 14.75 per hour.

A next salary increase is expected on July 1, 2023.

-- With information from CNN en Español's Melissa Velásquez Loaiza and CNN's Jeanne Sahadi, Shawna Mizelle and Taylor Romine.

Minimum salary

Source: cnnespanol

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