Minimum wage workers earned more this past week than they did in 2015, due to Michigan’s minimum wage increasing from $8.15 to $8.50 on January 1 of this year.
The increase is the third step in a legislated five-step increase that began in 2014. In 2018, minimum wage will increase to its final step, to $9.25. For years beyond 2018, the legislation requires that the minimum wage have an annual increase that is indexed to inflation. (more…)