The minimum wage is set to increase in 22 states on Jan. 1, 2024.
Why it matters: For Americans making minimum wage, it’s an automatic raise — but it also ripples out. Typically, increasing the wage floor for the lowest earners pushes up pay for those who make a bit more than the minimum, as employers have to adjust pay scales upwards.
Maybe. I think most people are going to see their bills increasing by more than this minimum wage increase though
Yup the bills will increase regardless if the minimum wage increases or not