Washington state’s minimum wage is officially the highest in the nation.
As The Huffington Post reported earlier this week, 20 states were set to increase the minimum wage on Jan. 1. Washington took the top spot among those states at $9.47 an hour. Its neighbor, Oregon, raised the minimum to $9.25, the second highest in the nation.
According to The Seattle Times, Washington makes an annual cost-of-living adjustment to its minimum wage. Workers throughout the state in all industries will see a pay increase of $312 for the year thanks to the wage hike, and more than 67,000 people will be affected. Workers aged 14 and 15 years old can be paid 85 percent of the adult minimum.
The city of Seattle is also preparing to increase its minimum wage to $15 an hour over the next two years.
The pay raises on New Year’s Day, which impact workers in Washington and Oregon as well as Arizona, Colorado, New Jersey, Ohio, Rhode Island and 14 other states, will total over $1 billion in additional wages.