Economics ❯ Labor Economics ❯ Minimum Wage

Wage Increases

Impact on Workers Cost of Living Impact on Employment State Policies California Wage Policy New York State Minimum Wage National Living Wage Regional Variations Fair Work Commission Economic Reforms Florida Minimum Wage

Minimum Wages Rise in 19 States as 2026 Increases Take Effect

The changes reflect multiyear laws alongside inflation indexing across a patchwork above the $7.25 federal floor.

Florida Minimum Wage Rises to $14 as Voter-Approved Plan Nears $15