Are The Effects of the Minimum Wage Starting To Show Up?

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Harrison Roger
Published on
Updated on

Seventeen states increased their minimum wages in 2014. Most of the changes happened early in the year, starting with New York increasing its minimum wage from $7.25 to $ per hour on New Year’s Eve 2013. New York’s increase was joined by new higher minimums on January 1, 2014 in Washington ($9.32), Oregon ($9.10), Vermont ($8.73), Connecticut ($8.70), New Jersey ($8.25), Rhode Island ($8.00), Colorado ($8.00), Ohio ($7.95), Ohio ($7.95), Florida ($7.93), Montana ($7.90), Arizona ($7.90), Missouri ($7.50). Later in the year, Delaware ($7.75), Washington, D.C. ($9.50), California ($9.00), Minnesota ($8.00), and Michigan ($8.15) imposed higher minimum wages as well….

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Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.