Florida Minimum Wage Set To Rise to $8.25 in 2018
Florida's minimum wage will increase by 15 cents next year.
On January 1, the state's minimum wage will go from $8.10 per hour to $8.25 an hour. Tipped workers meanwhile will earn $5.23 an hour, also an increase of 15 cents.
Florida voters approved a statewide minimum wage in 2004. The Florida Minimum Wage Amendment was approved by a 71 % margin. It’s recalculated each year based on the Consumer Price Index.
According to a recent report by the Research Institute on Social & Economic Policy at Florida International University in Miami, 44.5 percent of all new employment in Florida was in low-wage jobs, nearly one in every two jobs created.
Meanwhile, the federal minimum wage has remained at $ 7.25 since 2009.
Twenty-nine U.S. states plus the District of Columbia now have minimum wages that exceed the federal minimum.
Washington, D.C has the highest minimum wage in the country at $11.50