State Of Colorado Minimum Wage 2024 Increase. Colorado’s threshold increased to $123,750 effective january 1, 2024. Colorado's state minimum wage will increase to $14.42 per hour beginning january 1, 2024.
“they might increase prices, or they will schedule fewer hours or they will find a way to automate work somehow,” nastasi told the center. Denver — today, governor polis and the department of labor and employment (cdle) division of labor standards and statistics (dlss) announced an increase to colorado’s minimum wage, which is currently $12.56 per hour for 2022, and will increase to $13.65 per hour in 2023, an 8.68% increase.
Denver's Minimum Wage Will Be Increased To $18.29 An Hour As Of Jan.
May 22, 2024 at 2:57 p.m.
Colorado’s Hourly Minimum Wage Is Set To Increase At The Same Rate, To Nearly $14.50 Next Year, Up From This Year’s $13.65.
The state is not alone in its upcoming minimum wage hike.
The Statewide Minimum Wage For Colorado — Currently $13.65 — Will Increase On January 1, 2024, In Line With The Cost Of Living (Cola) To An Amount Not Yet Determined.
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Colorado State Minimum Wage Is Increasing From $13.65 To $14.42.
Nastasi said businesses respond to such a high minimum wage in various manners.
Federal Minimum Wage Is $7.25 An Hour.
Denver’s minimum wage will be increased to $18.29 an hour as of jan.
An Effort To Get The Whole County On The Same Wage Proved Too Challenging.