Minimum wage hikes take effect for 880,000 workers across the U.S.

Many workers in the U.S. are seeing pay increases this week as new minimum wage laws take effect in states like Alaska, California, Oregon, and Washington, D.C., along with cities including Chicago and Los Angeles. While the federal minimum wage has remained unchanged at $7.25 since 2009, local governments are stepping up to provide necessary raises amid rising living costs. This trend is set to benefit workers in around 15 locations nationwide, highlighting the growing importance of local wage initiatives. Learn more about the ongoing changes and their impact. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Fast Company