(HARRISBURG, Pa.) -- A planned increase of the minimum wage, intended to counterbalance economic inflation, will take place in seven states Jan. 1.
The Keystone Research Center reports that the wage adjustments, expected to range from nine to 12 cents, will "modestly boost the incomes" of about 647,000 minimum wage workers in Arizona, Colorado, Montana, Ohio, Oregon, Vermont, and Washington State. The pay raises came about through six state ballot initiatives and 2005 legislation in Vermont.
Keystone Research Center labor economist Mark Price hails the wage increases, and expects the new wages will boost economic recovery on state and federal levels.
"Long term, boosting the incomes of working families and strengthening the middle class are the only ways to restore healthy job growth without sustainable deficit spending," said Price. "Increasing the minimum wage to keep pace with inflation would be a great place to start."
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