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$7.25 an hour

Big COLAs in State Minimum Wages Kick in

During the long and tranquil period for inflation that ended with COVID, 18 states passed legislation requiring employers to pay a minimum wage that automatically increases every year to protect their lowest-income workers from inflation. With inflation surging to 7 percent in 2021 and running even higher this year, the cost-of-living increases are paying up. […]

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