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Colorado's minimum wage first in nation to drop

OutHouse

OutHouse

Lifer
http://www.denverpost.com/search/ci_14100781

DENVER—Colorado's minimum wage will drop slightly in the new year—the first decrease in a minimum wage in any state since the federal minimum wage was adopted in 1938.

Colorado's wage is dropping 3 cents an hour, from $7.28 to the federal minimum wage of $7.25. That's because Colorado is one of 10 states that tie the state minimum wage to inflation. The indexing is thought to protect low-wage workers from having flat wages as the cost of living goes up.

But because Colorado's provision allows wage declines, the minimum wage is going down because the state's consumer price index fell 0.6 percent last year. The drop is attributed to lower fuel prices.

State labor officials say about 48,000 people earned the minimum wage in 2008.

Read more: http://www.denverpost.com/search/ci_14100781#ixzz0c2WKe5kI
 
As long as they can afford just a bit of hookers and blow so they can forget that they and their wife are working in a shithole so they can live like shit it'll all be ok.
 
Less than a .5% drop in pay or about $62/year. Hell, my company reduced our pay last year for 9 months by 6%.
 
everyone else is taking pay cuts, why not them? It really is cheaper to live right now than a year ago.
 
zoiks said:
List of minimum wages.
http://en.wikipedia.org/wiki/List_of_U.S._minimum_wages

Damn. Kansas had it's minimum wage set $2.65 for many years until it was raised this year to $7.25. Here in SF the minimum wage is set at $9.79.
Click to expand...

Federal minimum wage has been higher than $2.65 for a long time, so no one in Kansas has made $2.65 an hour recently (including waiters, because tips are income even if they don't report most of them on their income tax return).
 
mugs said:
Federal minimum wage has been higher than $2.65 for a long time, so no one in Kansas has made $2.65 an hour recently (including waiters, because tips are income even if they don't report most of them on their income tax return).
Click to expand...

Good to know. Now that's a good reason why there ought to be federal laws in addition to state laws in case the state wants to fuck you in the ass.
 
So which one prevails, the federal rate or the state rate?

CA is $8.00 an hour, but can an employer pay somebody $7.25/hr in CA and claim that federal law prevails?
 
Parasitic said:
So which one prevails, the federal rate or the state rate?

CA is $8.00 an hour, but can an employer pay somebody $7.25/hr in CA and claim that federal law prevails?
Click to expand...

id say state prevails. only due to the states having the ability to "ignore" fed laws in other areas, like weapons and such
 
Ridiculous. Inflation going down? Has anyone bothered to take a look at the fact that quantity per price for most products has gone down significantly over the last decade, thereby artificially masking inflation?
 
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