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Tag: US Bureau of Labor Statistics
Here's How Much, When Minimum Wage Will Increase In Virginia
Virginia workers, can start getting ready for a small, but not insignificant pay bump in the new year.
The state’s hourly minimum wage will increase to $12.41 starting Monday, Jan. 1, 2025, giving workers an extra 41 cents per hour.
"The new rate was calculated under the Virginia Minimum Wage Act, which mandates an annual adjustment based on the Consumer Price Index for All Urban Consumers (CPI-U).
"This measure, published by the US Bureau of Labor Statistics, tracks changes in the cost of goods and services, and for 2023, the CPI-U rose by 3.4 percent," Virginia Department of L…
