Minnesota’s minimum wage goes up by 25 cents an hour on January 1st to ten dollars, 33 cents at large employers — and 21 cents to eight-42 at small employers.
James Honerman with the Minnesota Department of Labor and Industry says the legislature passed a law in 2014 to keep workers’ minimum wage rates even with inflation, so the state’s minimum wage rates are adjusted each year to keep up with inflation.
The increase is two-and-a-half percent, the largest since 2018 when the state began indexing the minimum wage to inflation after several years of increases specified by the legislature.
In January 2019, the increase was just over two percent.
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