minimum wage 2024 michigan graphing – Beginning on Jan. 1, 2024, the state’s minimum wage will increase from $10.10 to $10.33 per hour. The increase is part of the Michigan’s Improved Workforce Opportunity Wage Act of 2018 framework . The $10.33 wage remains below what is considered a livable wage in Michigan, according to MIT’s Living Wage calculator, which estimates an adult without children needs to make at least $16.27 .
minimum wage 2024 michigan graphing
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State Minimum Wage Rate for Michigan (STTMINWGMI) | FRED | St
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Minimum Wage Tracker | Economic Policy Institute
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Arch Street Communications (@ArchStreetPR) / X
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State Minimum Wage Rate for Michigan (STTMINWGMI) | FRED | St
Source : fred.stlouisfed.org
State Minimum Wage Rate for Michigan (STTMINWGMI) | FRED | St
Source : fred.stlouisfed.org
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All Transactions House Price Index for Michigan (MISTHPI) | FRED
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minimum wage 2024 michigan graphing State and Major Locality Minimum Wage Updates for 2023 Ogletree: SOUTHFIELD, Mich. (FOX 2) – The new year also means an increase in the Michigan minimum wage, which will rise to an hourly rate of $10.33 an hour. The tipped minimum wage will also climb to $3.93 . according to the Michigan Department of Labor and Economic Opportunity. Other states that have hiked their minimum wages as of January 1 include Nebraska ($12.00), Missouri ($12.30), Illinois ($ .