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45°
Tuesday, may 7
Tag:
Economic growth
Business
Here's How Much, When Minimum Wage Will Increase In CT
While some neighboring states will see a rise in their minimum wage to begin the new year, Connecticut employees will have to wait a few months as it works toward Gov. Ned Lamont’s goal of $15 hourly by 2023. New York and Massachusetts both will see their minimum wage rise as of Jan. 1, 2022, but Connecticut employees will have to wait until July to see their pay hike reflected on their paychecks. On July 1, 2022, minimum wage in Connecticut will be going up a dollar, from $13 to $14 hourly, the fourth straight year that the state saw an increase as it looks to get to $15 hourly by June 202…
News
Connecticut's Minimum Wage To Take Effect In Days
Connecticut's minimum wage is set to increase to $13 soon, as the state progresses toward a $15 minimum wage. Beginning Sunday, Aug. 1, the minimum wage will increase from $12 per hour to $13 per hour. The legislation was signed into law by Gov. Ned Lamont in 2019, requiring scheduled increases over a five-year period until the minimum wage will ultimately increase to $15 on June 1 of 2023. “Nobody working a full-time job should live in poverty,” Lamont said. “For too long, while the nation’s economy grew, the income of the lowest-earning workers has stayed flat, making already…
Business
$10,000 To Move To WesternMass? 8 US Places That Will Pay You To Relocate
How much would Massachusetts have to pay you to move to Western Massachusetts? It’s a question being asked on Beacon Hill now as area politicians push for legislation that would provide a stipend to people who move to the more rural part of the state. State Rep. Eric Lesser (D-Longmeadow) has proposed a bill that would pay people up to $10,000 to move to Western Massachusetts. The money is meant to cover relocation expenses. First proposed in 2019, the bill has seen new attention this fall as talk of a proposed east-west commuter train has heated up. Western Massachusetts is not the f…
News
$12 Minimum Wage Starts Today, Sept. 1; More Increases Planned
Today is the first day of a $12 per hour minimum wage in Connecticut. Just yesterday, the minimum wage in Connecticut was $11 per hour. The hike is part of a law passed last year to raise the minimum wage over the next several years. “Nobody working a full-time job should live in poverty,” said Governor Ned Lamont. “For too long, while the nation’s economy grew the income of the lowest-earning workers has stayed flat.” The minimum wage law - “Public Act 19-4” - was passed in May 2019. There are three more increases planned: - $13 per hour starting Aug. 1, 2021 - $14 per hour starting …