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Data: U.S. Department of Labor and Ohio Department of Commerce; Chart: Axios Visuals ... State of play: Each year, the state minimum wage increases by the rate of inflation — this time from ...
Starting in 2029, state law directs the Michigan state treasurer to set an inflation-adjusted minimum wage, under the court’s order. The tipped minimum wage will gradually increase until it is ...
Had paychecks kept pace with rising prices since 2009, the 2025 minimum wage would be $10.78, which would be more in line with historical averages. In 1981 — when the inflation-adjusted minimum ...