Michigan's minimum wage to jump 20% under court ruling

Michigan's current minimum wage will rise 20% by the end of February to $12.48 per hour, officials said Tuesday, the result of a major state Supreme Court decision.

The $10.33 minimum wage will increase to $10.56 on Jan. 1 and then $12.48 on Feb. 21, according to the state Department of Labor and Economic Opportunity. The figure will rise each year and reach $14.97 by February 2028, followed by annual inflation adjustments determined by the state treasurer.

Read more at WTOL: https://www.wtol.com/article/money/economy/michigan-minimum-wage-increase-20-percent-supreme-court-ruling/512-3b8ecb09-7abf-471b-9f48-37f7f5113d08