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Courts / Law

Florida's Minimum-Wage Increase Not Meant To Raise Incomes

Senate Education Chairman John Legg said lawmakers may discuss ways to make state financial aid depend more on classes and less on test scores.
Senate Education Chairman John Legg said lawmakers may discuss ways to make state financial aid depend more on classes and less on test scores.
Senate Education Chairman John Legg said lawmakers may discuss ways to make state financial aid depend more on classes and less on test scores.
Credit Zack Mccarthy / Flickr
The Florida minimum wage will increase 12 cents to keep up with inflation in the state.

 

Florida’s minimum wage will be going up Jan. 1, but the increase won’t necessarily put more money in the pockets of minimum wage workers. The 12 cent increase from $7.93 an hour to $8.05 an hour is not meant to increase wages, it’s just supposed to make sure wages aren’t decreasing due to inflation.

The new Florida minimum wage is almost a dollar more than the federal minimum wage, but still not the $10.10 President Obama was championing for all workers last year.

Each September, the Florida Department of Economic Opportunity calculates what the minimum wage should be based on the changing price of goods and services.

Florida’s new minimum wage translates to roughly $16,500 in yearly income per worker, which is less than the federal poverty line for a family of three.

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