Florida has joined a growing list of states and municipalities hiking minimum wage after a Tuesday vote hiked it to $15 per hour, according to CNBC. The state passed the minimum wage after the ballot initiative garnered 60% support.
- The minimum wage hike would raise the state’s current $8.56 per annual pay floor to $10 next year.
- The minimum wage will rise by $1 an hour every year until the minimum $15-an-hour threshold is attained.
- Labor advocates have called for raises in minimum pay to attain a “living wage,” a move that has gained support, including the Democratic presidential nominee Joe Biden.
- Many businesses in Florida have criticized raising minimum wages, and President Donald Trump has given the states’ discretion to decide.
Florida becomes the eighth U.S. state to approve a $15 per hour minimum wage
