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Arizona's hourly minimum wage is expected to rise to $14.35 from $13.85 effective Jan. 1, 2024, ing to Bloomberg Tax calculations.
The minimum wage in Arizona is determined by the Industrial Commission of Arizona (ICA). ICA has the option to increase the rate on Jan. 1 of each year. That decision is made based on the increase in the cost of living, which is measured by the Consumer Price Index (CPI).
Effective January 1, 2024, the general statewide minimum wage will increase by . 50 cents, bringing the hourly rate from $15.50 to $16.00.
California's Minimum Wage to Increase to $16 per hour in January 2024. Oakland?California's minimum wage will increase to $16 per hour for all employers on January 1, 2024.
Hear this out loud PauseFrom 2023 onward, California's minimum wage will be adjusted based on the national consumer price index (CPI), which measures variation in the cost of living over time.