Paycheck Progress
If you feel like you can't afford anything nowadays, you're not alone. Wages in the U.S. have long been a topic of contention — especially when they struggle to keep pace with inflation and the rising costs of living. Over the years, this disparity has only grown more pronounced, making it even more difficult for workers (especially those surviving on minimum wage) to afford basic necessities, let alone other essentials like housing, healthcare, and education.
But it's looking up in 2024. While the federal minimum wage has been capped at $7.25 since 2009, 22 states raised their own minimum wages on January 1. (Talk about a belated Christmas miracle!) Additional cities raised wages even further, while three other states — Florida, Nevada, and Oregon — will raise their minimum wage later in the year.
Is your city or state on the list? Here are all the details.