Breaking news about minimum wage

Here are some recent breaking news updates about minimum wage:

California Raises Minimum Wage to $15 an Hour

California has become the first state in the US to raise its minimum wage to $15 an hour. The new minimum wage took effect on January 1, 2022, and applies to all employers with 26 or more employees. The increase is expected to benefit over 3.5 million workers in the state. (Source: CNN)

New York City Raises Minimum Wage to $15 an Hour

New York City has also raised its minimum wage to $15 an hour, effective December 31, 2021. The increase applies to all employers, regardless of size. The move is expected to benefit over 1 million workers in the city. (Source: NBC New York)

Florida Voters Approve Minimum Wage Increase

In a recent ballot initiative, Florida voters approved a constitutional amendment to increase the state's minimum wage to $15 an hour by 2026. The amendment also requires the state to index the minimum wage to inflation. (Source: NPR)

Federal Minimum Wage Stuck at $7.25 an Hour

Despite growing calls for an increase, the federal minimum wage remains stuck at $7.25 an hour. A bill to raise the minimum wage to $15 an hour has been introduced in Congress, but it has yet to pass. (Source: The Hill)

States and Cities Consider Minimum Wage Increases

Several states and cities are considering minimum wage increases in the coming years. For example, Massachusetts is considering a ballot initiative to raise the minimum wage to $15 an hour, while cities like Seattle and San Francisco are considering increases to their local minimum wages. (Source: Bloomberg)

Impact of Minimum Wage Increases

Studies have shown that minimum wage increases can have a positive impact on workers and the economy. For example, a study by the Economic Policy Institute found that a $15 an hour minimum wage could lift the wages of over 30 million workers and reduce poverty rates. (Source: Economic Policy Institute)

I hope these updates are helpful!