Could the new minimum wage mean more money in your pocket?
On July 24, the new federal minimum wage will go into effect, rising from $6.55 to $7.25. While some states already require employers to pay their workers $7.25 or higher, 29 states do not.
So how does the new minimum wage affect you? It’s a mixed bag. For some people, it’ll be a welcome boost to their paycheck. To others, it will make finding a new job even harder. It all depends on if you have a job or not.
Learn more about the minimum wage increase and find out how it will affect you!
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