BRADENTON — Florida's minimum wage will go up by 12 cents per hour to $7.79 at the first of the year, due to an increase in the cost of living.
The state is one of 19 with minimum wages set above the national minimum of $7.25., owed to a constitutional amendment passed by voters in 2004, which created an indexed minimum wage for state workers.
Florida's minimum wage is indexed to cost of living increases. The National Employment Law Project has reported that 210,000 Floridians will benefit from the increase.
It's expected to add an average of $370 to their annual wages and $46.2 million to the state's gross domestic product.
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