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Minimum wage to increase in 26 states in 2020. The minimum wage will increase in 26 states and the District of Columbia in 2020, with 22 states enacting an increase on Jan. 1, according to a report released by Wolters Kluwer Legal & Regulatory U.S. Texas is not among the states that raised its minimum wage.
Seven more states Alaska, Florida, Minnesota, Montana, Ohio, South Dakota, and Vermont have automatic cost-of-living adjustments that will take effect on Jan. 1. Three more states and the District of Columbia have wage increases scheduled to take effect over the course of 2020.
Beginning in 2020, the minimum wage is $11, increasing at different increments to reach $15 in 2025 for large employers and in 2026 for small employers. $12.75 per hour, an increase of 75 cents. The minimum wage is scheduled to reach $15.00 by 2023.
The U.S. House passed the Raise the Wage Act of 2019, which would raise the federal minimum wage in steps to $15 per hour by 2024. Legislation in 2019 to pump up the Texas minimum wage, from $7.25 to $10.10 an hour, stalled in the House.
Texas has declined to increase the minimum wage beyond the federal minimum in the past, and it is not likely that a statewide wage increase will pass in the near future. State Rep. Lina Ortega, D-El Pass, introduced HE 328, the latest attempt to raise the minimum wage in Texas for the 2019 legislative session.
In January, House Democrats introduced the Raise the Wage Act, which would eventually raise the federal minimum wage to $15 an hour by 2024. The law would also tie future changes to changes in median workers' pay. So if middle-class wages go up or down so would the minimum wage.
To make a living wage in Texas, a single adult would have to earn $11.03 an hour, according to the Massachusetts Institute of Technology Living Wage Calculator. That's the minimum required to cover food, housing, transportation and other necessities.
A new National Living Wage to be introduced in 2020 will see low-paid workers earn nearly a thousand pounds more a year. The new rate of pay will come in on 1 April 2020, a rise from £8.21 to £8.72 for workers over the age of 25, marking an increase of 6.2 per cent.
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