Florida's minimum wage set to increase on January 1

Jan 01, 2018, 00:21
Florida's minimum wage set to increase on January 1

There's some good news for Ohio's minimum wage workers. It will reach $15 an hour on July 1, 2021.

Assemblyman Andy Goodell, R-Jamestown, said many economic studies have been done that show there will be a loss of entry-level jobs as the wages in NY state increase. Cuomo estimates more than 2.3 million people will benefit from the wage increase.

Goodell said the earned income tax credit is targeted to those who need it most, while a minimum wage increase is across the board.

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This was converted using the national minimum wage of €9.25 per hour for somebody working a 39-hour week over the course of a year.

Starting Monday, small companies - those with 25 or fewer employees - will have to pay workers at least $10.50 an hour, up from $10.

The voter-approved law originally required tipped employees like waiters and waitresses to make minimum wage regardless of how much they made in tips. And that is the same rate for smaller companies with annual gross receipts of $305,000 or less per year, after January 1, 2018. Tipped employees must be paid at least $5 an hour by employers. These posters, just like any type poster can be ordered on line. Block says MI has the highest state minimum wage in the region.

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Senator Sherrod Brown is in favor of this push for $15 an hour, and he has 77 pages aimed at showing why, according to an article in the Dayton Daily News in March 3, 2017.

In 2017, Ireland had the second highest rate of minimum wage of countries who have a minimum wage structure in the European Union, according to a report published by Eurostat earlier this month. Senator Rob Portman has said he supports the raising of minimum wage, but has said in the past, that raising it too high or fast could kill jobs.

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