(KERO) — Millions of people in the United States are starting the new year with a pay raise.
Starting Mon, Jan 2, hourly minimum wages in 23 states will rise as part of previously scheduled efforts to reach $15 an hour or to account for cost-of-living changes. The increases will affect nearly 8.5 million workers.
The federal minimum wage of $7.25 per hour has not changed since 2009. Additionally, nearly 30 cities and counties across the US will increase their minimum wage according to the Economic Policy Institute (EPI).
