Minimum Wage Boost: 2023 Pay Raises for Millions
Update: 2025-12-10
Description
In the new year, millions of American workers will see a boost in their paychecks as minimum wage rates rise in nearly half of US states and cities. This welcome news comes as a relief for many struggling with rising costs of essentials. By next year, over sixty cities and twenty-two states will have increased their minimum wage, with some reaching or exceeding fifteen dollars an hour. While these increases are a positive step, experts stress that this is part of a broader effort to create a strong economy with living wages for all.
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