Two significant events are set to take place in New York City on New Year’s Eve. One will be, as always, the ball drop in Times Square. The other is that minimum wage workers will be among the first across the country to receive a new mandated pay hike in 2017.
In all, 21 states, at least 22 cities, four counties and one region plan to raise the minimum wage in the coming year, reports a CNN Money article.
For some, the increase will only amount to an extra nickel or dime per paycheck. Others will see more meaningful hikes: $40 to $80 per pay period.
