State minimum wage rises to $9.47 for 2015

Washington state’s minimum wage went up 15 cents on Jan. 1, 2015. It is now, $9.47 per hour, up from $9.32 last year.

Washington state’s minimum wage is the highest in the country. Oregon’s is the second highest at $9.25, followed by Connecticut and Vermont at $9.15.

The minimum wage applies to workers in all industries, but youth who are 14 or 15 years old can be paid 85 percent of the minimum wage – $8.05 an hour.

In Washignton state (and about 10 other states) the minimum wage is tied to the Bureau of Labor Statistics’ Consumer Price Index, a measure of the change in price of consumer goods. The Consumer Price Index rose 1.59 percent in 2014.

Minimum wage increases took effect in 19 other states on Jan. 1, and Alaska’s minimum wage will increase in February making it the 21st state to raise its minimum wage in 2015.

The federal minimum wage hasn’t changed since July 24, 2009, when it went from $6.55 to $7.24 per hour.

 

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