KEY TAKEAWAYS Over 9.2 million minimum-wage workers saw their paychecks increase as 21 states raised their wage floors to adjust for inflation, ballot measures, and legislation.Additionally, 48 cities and counties will raise the minimum wage higher than their current state's.

Twenty-one states are raising minimum wage this year, which is set to affect over nine million employees across the country. According to the Economic

Alaska, Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New York, Ohio, Rhode Island, South Dakota, Vermont, Virginia and Washington raised their minimum wage on Jan. 1, according to an ABC News report.

The trend of increasing minimum wage rates will continue in 2025. We previously reported here the California 2025 state and local minimum wage

As the calendar turns to 2025, New York joins a growing list of states raising their minimum wage, aiming to reach $15 or more. This move marks a significant step in addressing economic disparities and adjusting to the rising cost of living.