Michigan minimum wage goes up today
Mon, 01 Sep 2014 14:48:26 GMT —
Today marked the first step in a multi-year process of the minimum wage going up in Michigan, with businesses, workers, and economists watching closely.
The wage moves from $7.40 an hour up to $8.15 and hour. Eventually, the wage will reach $9.25 in 2018.
This move today will directly affect 4 percent of the 2.5 million hourly workers that earn minimum wage or lower.
Michigan State University economist Charles Ballard believes that since the rise is gradual, and the number of people making minimum wage is relatively small, that it will help some workers and not "shake the overall economy."
Workers who are classified as "tipped employees" will also see an increase in their minimum wage, going from $2.65 an hour to $3.10 an hour.
Those under 17 can be paid $7.40 an hour, which is 85 percent of the minimum wage.