Posted on 01/04/2021 7:17:50 PM PST by SaxxonWoods
A new minimum wage increase will take effect in Colorado on New Year’s Day, bringing wages to $12.32 an hour, or $9.30 for tipped workers.
The 2.7% statewide increase is based on language in the Colorado Constitution, which mandates annual inflation adjustments based on the consumer price index. Colorado voters approved a constitutional amendment in 2016 enshrining the annual wage increase in the state’s governing document.
(Excerpt) Read more at skyhinews.com ...
Real good chance.
That’s awesome. Now maybe you can do something about the zero hours per week thing./s
$12.32 is not going to pay all the bills in Denver, but $12.32 would work in the eastern edge of the state.
Brilliant!!
12.32 per hour x 0 hours = 0
That is indeed a problem and the point is that if minimum wage jobs in small town Colorado are paying $12.32 minimum wage jobs in Denver will have to pay far more. That all compounds the problem.
$12/hr will push some families in higher tax bracket and less likely to more freebies....
“That’s awesome. Now maybe you can do something about the zero hours per week thing./s”
That’s the permanent battle at the bottom of any wage scale. A low skilled workforce can have full employment or higher wages. It’s a ‘pick one’ situation.
Jobs I see advertised are at $13 or more anyway.
As for federal income taxes, $12.32 for a full time job keeps one in the 12% bracket.
MA went to $13.50.
.
If they increase it considerably further in the drug addled, monstrously high rent, over-regulated Calirado, people might start seeing Americans working for those small resort businesses again instead of so many starving people from third world holes near the Equator.
Colorado's hourly rate jumps to $12.32 an hour on Friday and unemployment rates set to riseWe could add to it that job satisfaction, employer treatment of workers, and benefits will also decline.
Just another nail in the coffin for small business and those looking for a part-time or starter job. Force small businesses to close and you destroy personal initiative and jobs. Soon everyone will be working for major corporations and “owe their soul to the company store”. Those not lucky enough to work for the corporation will be given dead end jobs, subsidized and kept in line by the government. Not a pretty picture for America, cutting the roots that allowed us to prosper and grow.
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