this post was submitted on 23 Dec 2023
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Work Reform

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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.

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[–] LemmyKnowsBest@lemmy.world 19 points 11 months ago (1 children)

Yup. My pay will increase 50¢ on January 1st 🥱

[–] ULS@lemmy.ml 8 points 11 months ago* (last edited 11 months ago) (1 children)

What are you going to do with all that?

You should collect gumball machine trinkets.

[–] LemmyKnowsBest@lemmy.world 2 points 11 months ago (1 children)

I'm sure there are some people in the world who when they get raises, they set aside the difference and save it up for an investment of some sort instead of just carrying on their life as normal and spending the extra money as if it was always there. Gumball machine trinkets, woo-hoo.

[–] subignition@kbin.social 6 points 11 months ago (1 children)

Maybe. I think most people are going to see their bills increasing by more than this minimum wage increase though

[–] variants@possumpat.io 1 points 10 months ago

Yup the bills will increase regardless if the minimum wage increases or not