Employees in Arizona are starting out the new year with a little more money in their pockets.
As of January 1, employers across the state are required to pay workers a minimum wage of $7.65, an increase of 30 cents from last year. The increase in pay stems from a 3.8 percent increase in the Consumer Price Index, which shows that consumers are paying more for everyday goods and services.
In 2006, voters approved the “Raise the Arizona Minimum Wage for Working Arizonans Act,” which allows the Industrial Commission of Arizona to enforce a new minimum wage based on fluctuations in the Consumer Price Index.
As we previously reported, Arizona is among nine other states slated to increase minimum wage this month, including: Colorado, Florida, Missouri, Montana, Nevada, Ohio, Oregon, Vermont, and Washington.
