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Bi Hannah Hm.kk
Rappahannock News Staff Writer
Minimum wage workers will see more money in the bank starting tomorrow
That's when the federal minimum wage will jump from $6.55 to $7.25 an hour The raise on July 24 is the final step of a three-step increase passed in 2(X)7, when the minimum wage was $5.85. Preciously, there had been no increase since 1997.
An estimated 4.5 million workers nationwide — 200,000 of whom live in Virginia — will see a direct increase in their paychecks, said Kai Filion, a policy analyst for the EconoPolicy Institute m Washington, I)C The statistics are not broken down by county.
Normally, in a healthy economic time, a minimum wage increase is meant to match inflation It often boosts lower
56.6%