Thirteen states increased their minimum wage rates on January 1, 2014. The Economic Policy Institute estimates that these increases boosted the pay of 2.5 million workers.
The federal minimum wage has stayed at $7.25 per hour for more than four years. The Fair Minimum Wage Act (S. 460, H.R. 1010), which is legislation that would raise the federal minimum wage to $10.10 per hour, is currently stalled in Congress. Meanwhile, minimum wage increases at the state level have had success.
The states that raised wages by the greatest amounts were New Jersey ($8.25 per hour), New York ($8.00 per hour), Connecticut ($8.70 per hour), and Rhode Island ($8.00 per hour). Washington remains the state with the highest minimum wage in the nation, increasing to $9.32 per hour. Oregon has the second highest minimum wage at $9.10 per hour.
Small minimum wage increases occurred in Arizona ($7.90 per hour), Colorado ($8.00 per hour), Florida ($7.93 per hour), Missouri ($7.50 per hour), Montana ($7.90 per hour), Ohio ($7.95 hour), and Vermont ($8.73 per hour).
States expected to consider minimum wage increases in 2014 include Delaware, Hawaii, Maryland, Massachusetts, Minnesota, and New Hampshire, with ballot initiatives on minimum wage possible in Alaska, Arkansas, Idaho, Massachusetts, New Mexico, and South Dakota.