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Saturday, apr 27
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Financial Security
News
Connecticut Minimum Wage Will Soon Increase To $14
Connecticut's minimum wage is set to increase in the coming days as part of the state's five-year plan to increase the minimum wage to $15 in 2023. Gov. Ned Lamont issued a reminder that beginning Friday, July 1, Connecticut's minimum wage will increase from $13 to $14. Lamont signed legislation three years ago that schedules increases in the minimum wage over the course of five years. “For too long, while the nation’s economy grew, the income of the lowest-earning workers has stayed flat, making already existing pay disparities even worse and preventing hardworking families from obt…
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Don't Fall For Them: FBI Issues Alert For Online Shopping Scams
The FBI is warning the public of cybercriminals targeting shoppers hoping to take advantage of online bargains and hard-to-find gift items for the holidays. During the 2020 holiday shopping season, the FBI Internet Crime Complaint Center received more than 17,000 complaints regarding the non-delivery of goods, resulting in losses of over $53 million, the agency said. It is anticipated this number could increase during the 2021 holiday season due to rumors of merchandise shortages and the ongoing pandemic. That's why criminals are busy finding ways to entice their victims in multiple …
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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…