What is the expected wage increase in the United States in 2024, and when will it take effect?

Wage increase in the United States in 2024: The official minimum wage in the United States is currently set at roughly $7.25 per hour. However, by 2024, at least 22 of the 50 states will raise their minimum wages, meaning that workers who currently receive minimum wages will see an increase the following year. The exact amount will vary depending on where you live.

Maryland and New Jersey will be the first states to see these hikes, with workers there expected to make at least $15 per hour. However, the minimum wage in places like Westchester, Long Island, and New York will increase to $16 per hour.

Some tiny towns have set minimum wages. Tukwila in Seattle, for example, will pay its employees $20.29 per hour starting in January, making it the highest minimum salary in the country.

For their part, workers in Washington will receive pay increases of up to $16.80 per hour. For their part, Hawaii has seen the most improvement in the nation, with workers making between $14 and $16 per hour.

Not all of the rises will be flat, but depending on the business, some parts of the nation will see improvements. For example, workers in the fast food industry will begin collecting $20. The current season began in April. Employees in the health industry will begin making between $18 and $23 per hour in June, depending on their role.

On the other hand, those who transport meals using well-known apps like Grubhub, Uber Eats, and others will begin making around $17.96 per hour.

Ohio Minimum Wage Set to Increase on January 1

Inflationary indices will indicate increases in other states.

An extensive list of US state compensation adjustments is shown below.

Alaska: US$ 11.73, actual US$ 10.85

Arizona: US$14.35, actually US$13.85

California: US$16, actually US$15,50

Colorado: US$14.42 (suggested), currently US$13.65

Connecticut: US$15.69, actually US$15

Delaware: US$ 13.25, actual US$ 11.75

Florida: US$13 starting in September. Currently US$12

Hawaii: US$14, actually US$12

Illinois: US$14, actually US$13

Maine: US$14.15, actual $13.80

Maryland: US$15, currently US$13.25 for large companies US$12.80 for small companies

Michigan: US$10.33, actually US$10.10

Minnesota: $10.85 for large businesses. Currently, US$10.59; US$8.85, for others

Missouri: US$12.30, actually US$12

Montana: US$10.30, actually US$9.95

Nebraska: US$12, actually US$10.50

Nevada: US$ 12 from July 1. Currently at US$10.25 or US$11.25

New Jersey: US$15.13, actually US$14.13

New York: US$15, currently US$14.20 (except New York City, Westchester, and Long Island, where it will be US$16)

Ohio: US$10.45, actually US$10.10

Oregon: US$14.20, adjusted for inflation level on July 1

Rhode Island: US$14, actually US$13

South Dakota: US$ 11.20

Vermont: US$13.67, actually US$13.18

Washington: US$16.28, actual US$15.74

District of Columbia: US$17, adjusted for inflation on July 1