Florida’s Minimum Wage Increases

29 12 2006

Florida’s minimum wage will increase to $6.67 an hour, effective Jan. 1, 2007, a 27-cent increase from the $6.40 an hour minimum wage in 2006.

A constitutional amendment approved by voters in November 2004 created a $6.15 an hour minimum wage in the state and required the Agency for Workforce Innovation to perform an annual calculation to establish a new minimum wage each year. The constitution also requires the adjusted minimum wage to be published.

The 2007 minimum wage represents a 4.2 percent change in the federal consumer price index for urban wage earners and clerical workers in the South Region for the 12-month period prior to Sept. 1, 2006, the Agency for Workforce Innovation said.
The state’s 2007 minimum wage is $1.52 more than the current $5.15 federal minimum wage. The Florida minimum wage covers all employees in the state covered by the federal minimum wage, the agency said.

Source: The Business Journal of Jacksonville


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