cross-posted from: https://kbin.social/m/[email protected]/t/720784

The minimum wage is set to increase in 22 states on Jan. 1, 2024.

Why it matters: For Americans making minimum wage, it’s an automatic raise — but it also ripples out. Typically, increasing the wage floor for the lowest earners pushes up pay for those who make a bit more than the minimum, as employers have to adjust pay scales upwards.