by Mish

In over half the nation, population-wise, minimum wages hikes kick in this year.

19 States Will Increase the Minimum Wage at the Start of 2017, with two more states plus Washington D.C. hiking mid-year.

The minimum wage will be increased in Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Hawaii, Maine, Massachusetts, Michigan, Missouri, Montana, New Jersey, New York, Ohio, South Dakota, Vermont, and Washington to start 2017.
Oregon, Washington, D.C., and Maryland will see wage increases in their states later on this year.
Wages will be increased by different amounts in different states, and sometimes by different amounts within those states.
Many business owners, however, oppose increasing the minimum wage on the grounds that in some cases it could make it hard for them to turn a profit.
Some restaurant owners may consider reducing portion sizes or charging for side dishes that were once included in the price of a meal to absorb the increase, Melissa Fleischut, president of the New York State Restaurant Association, told the AP about the decision.
Sen. Bernie Sanders of Vermont, who made raising the minimum wage a central issue of his campaign for the Democratic nomination in 2016, referred to the #Fightfor15 movement on Twitter today, a group that has advocated for a minimum wage increase to $15 per hour on behalf of employees who they argue are underpaid and struggling to survive, saying that “people everywhere” see justice in the movement to achieve higher pay for low wage workers.


Minimum wage hikes will reduce store expansion and increase the push to get rid of workers by automation.

Mike “Mish” Shedlock

Did the Battle for Higher Minimum Wages go Into Reverse?

There is a new pushback against minimum wage hikes. With republicans in complete control nationally, odds of meaningful legislation are the national level are slim.

Chart of the Day: California Minimum Wage Hike History

California Governor Jerry Brown launched a Political Earthquake proposing a series of minimum wage hikes every year between now and 2022 when the minimum wage hits $15.

Biden's Push for a $15 Minimum Wage Appears Dead

I believe Biden's push for a $15 minimum wage is dead. However, one of two lower numbers has a very good chance.

Amazon Ups Minimum Wage to $15 for All Employees Starting Nov 1

Amazon unilaterally upped its minimum wage, even for part-time workers. Now it wants every company to do the same.

Excellent Reflections on Minimum Wage Hikes Backfiring Overseas

Here's an excellent set of Tweets on minimum wages from "Trinh" @Trinhnomics in Hong Kong, on actions taken by S Korea.

Seniority and Skills Not Worth Anything; Unhappiness Spreads With Minimum Wage Hikes

Unhappiness is spreading with minimum wage hikes. Those on the job for a few years complain to deaf ears that they deserve more than new hires who don’t know the ropes.

Staggering Rent Increases in 2017: Will 2018 Follow?

2017 was a painful year for renters. Americans spent a record amount of their household income on rent.

Facebook Fights Gag Order On Grounds of Free Speech

Government law agencies place gag orders on technology companies in general and social media companies in particular.

Productivity Dives, Wages Rise; Inflation Theory vs. Practice; Technical Recession?

Today’s BLS release on Productivity and Costs shows a back-to-back decline in productivity accompanied with rising wages. Productivity is up year-over year, but barely, at 0.6%.