inflation

This November 4th, South Dakota voters will decide ballot measure to increase minimum wage. Measure 18 would increase the minimum wage from $7.25 to $8.50 per hour, effective January 1, 2015. This measure would also address employees whose wages are made through tips. For tipped employees, the minimum wage would be half the minimum wage Read more

The Colorado Department of Labor and Employment has announced its annual proposed state minimum wage rate for 2015. Colorado Minimum Wage Order Number 31 establishes a minimum wage rate of $8.23 per hour, and $5.21 per hour for employees who regularly receive tips, effective January 1, 2015.  The Colorado Constitution requires the state to adjust Read more

Every year, as state and federal legislatures are back in full swing, minimum wage becomes the subject of new legislation and heated debate. Early indications are that 2013 will be no different. This week, in his State of the Union address President Barack Obama called for an increase in the federal minimum wage from $7.25 Read more

A handful of states raise their minimum wage rates based on changes in inflation as measured by the Consumer Price Index (CPI). In Montana if there is an increase in the CPI the Department rounds the amount to the nearest 5 cents.  Based on an increase in the CPI of 1.7% from August 2011 to Read more