Economics ❯ Labor Economics ❯ Wage Growth ❯ Inflation

Minimum Wage

Minimum Wages Rise in 19 States on Jan. 1, Lifting Pay for Millions

States are using inflation indexing to move pay floors after years of a frozen $7.25 federal rate.

Ohio Sets 2026 Minimum Wage at $11, $5.50 for Tipped, Effective Jan. 1