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Each of the 25 U.S. states will raise their minimum wage in 2024. Who gets one?

In 25 U.S. states, the minimum wage will go up in 2024. (PHOTO: CBS NEWS)

Baseline pay goes through the roof: in California, New York, and Washington, the minimum wage goes up to $16. This happens across 22 states on January 1, with different dates for Nevada, Oregon, and Florida.

READ ALSO: Will mortgage rates fall to 6% in 2024?

In 25 U.S. states, the minimum wage will go up in 2024. (PHOTO: CBS NEWS)

According to CBS News report, The states of California, New York, and Washington are all likely to set a minimum wage of at least sixteen dollars an hour by 2024. According to estimates, fifty percent of the states in the US would raise their minimum wage that year. There is a good chance that this move will affect millions of people across the country. Starting on January 1, workers in 22 states will see their pay go up. This is to help the people who are struggling because their living costs are going up because of long-term inflation. In an effort to ease the pain that low-paid workers are feeling, this is happening. People in twenty states will keep fighting for the government’s minimum wage of $7.25 an hour, which hasn’t changed since 2009. Importantly, you need to remember this fact. People who want to raise the minimum wage point out the economic benefits of doing so. They say that increases at the state level are necessary for the health of workers, businesses, and communities across the country. They say that everyone should get a pay raise.

READ ALSO: IRS to waive $1 billion in penalties for millions of taxpayers. Here’s who qualifies.

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