Interesting story out of Colorado, where something unusual has happened - the state’s minimum wage has been lowered from $7.28 to $7.24, an automatic move mandated by a law tying the minimum wage to inflation. However, the actual minimum wage is only going down to federal minimum of $7.25.
It is the first decrease in any state’s minimum wage since the concept of a minimum wage was created in 1938.
It is the first decrease in any state’s minimum wage since the concept of a minimum wage was created in 1938.
- KC's View:
