Paul Saginaw poses at the entrance to Saginaw's 24/7 Delicatessen as he gets ready for its grand opening in October, 2020.Minimum wage increases are set to take effect July 1 in Nevada, Oregon, Washington, D.C. and various other cities and counties across the U.S. And for some local business owners, the hikes are a welcome — and much awaited — change.
"We will hopefully have more customers because people in town will be making more money. The city will have more tax revenue. And I like to hope and think that the employees who are making more money will have a more comfortable living existence in a lot of communities," Schaefer says. "As far as minimum wage, it's been way too low for way too long," Saginaw says. "People can't really live well that way."
That said, here's how much minimum wages are increasing across the U.S., and why these two small business owners applaud the change.will increase from $9.50 to $10.25 for employees with health benefits and from $10.50 to $11.25 for employees without qualifying health benefits. A statewide minimum wage increase to $12 for all employees will take place in July 2024.is set to increase from $13.50 to $14.20 per hour. In Portland, minimum wage will increase from $14.75 to $15.45.
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