Inflation adjusted minimum wage rate to increase in nine states on January 1, 2009.
Over the past few years states have moved to have statutory requirements that the minimum wage is to be indexed to that state inflation rate. One of the most recent state to enact this law is Colorado who’s minimum wage rate will go from $7.02 to $7.28 in 2009.
The nine states are:
Arizona
Colorado
Florida
Missouri
Montana
Ohio
Vermont
Washington