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Projected Minimum Wage Increases

Projected Minimum Wage Increases

Increases in cost of living places greater demands on workers seeking promising job opportunities. Several states initiated proactive measures to raise yearly minimum wage. Fifteen states automatically raise employee earnings based on the cost of living. Raise The Minimum Wage outlines the following states indexing yearly minimum wage: Arizona, Colorado, Florida, Missouri, Montana, Nevada, New Jersey, Ohio, Oregon, and Washington. Raise The Minimum Wage also notes five states projected to increase minimum wage in the coming years: Alaska in 2017, D.C. in 2017, Michigan in 2019, Minnesota in 2018, South Dakota in 2016, and Vermont in 2019.

The U.S. Bureau of Labor Statistics documents 77.2 million U.S. workers age 16 and older in 2014, of which 1.3 million earned the federal minimum hourly pay. The U.S. Bureau of Labor Statistics shares how an average of 1.7 million of these workers were getting paid less than the federal minimum wage. Efforts of increasing minimum wage include assisting families in economic hardships and providing workers with promising employment opportunities.

The U.S. Bureau of Labor Statistics outlines the following in their article, Characteristics of Minimum Wage Workers, 2014:

The states with the highest percentages of hourly paid workers earning at or below the federal minimum wage were Arkansas, Indiana, Louisiana, Mississippi, and Tennessee (all between 6 percent and 7 percent). The states with the lowest percentages of hourly paid workers earning at or below the federal minimum wage were Alaska, California, Oregon, and Washington (all between 1 percent and 2 percent). 

Raise The Minimum Wage documents minimum wage index by state based on the Congressional Budget Office projection:

Current Minimum Wage Index for 2015:

Arizona - $8.05

California - $9.00

Florida - $8.05

Georgia - $7.25

Hawaii - $7.75

Indiana - $7.25

Maryland - $8.00

Minnesota - $9.00

Nevada - $8.25

New York - $8.75

Washington - $9.47

Projected Minimum Wage Index for 2016:

Arizona - $8.20

California - $10.00

Florida - $8.22          

Georgia - $7.25

Hawaii - $8.50

Indiana - $7.25

Maryland - $8.75

Minnesota - $9.50

Nevada - $8.25

New York - $9.00

Washington - $9.67 

Projected Minimum Wage Index for 2017:

Arizona - $8.45

California - $10.00

Florida - $8.42

Georgia - $7.25

Hawaii - $9.25

Indiana - $7.25

Maryland - $9.25     

Minnesota - $9.50

Nevada - $8.25

New York - $9.00

Washington - $9.87

For more information on minimum wage and projected index values for each state, please visit Raise The Minimum Wage.


My name is Yeneilyn Haim. I’m a writer and marketer for Thoemke Enterprises. My love for journalism originated early in life when I was offered an editorial role in the sports section of my high school's newspaper. As a Registered Nurse educator, I also find myself researching, teaching, and writing. I unify my skills to provide readers purposeful information on career advice, management skills, employment tips, and trending news. I hope you find value in these articles, and I'm looking forward to hearing your feedback!            

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Guest Monday, 22 January 2018

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