Sunday, February 03, 2008

Colorado’s Minimum Wage Increased to $7.02 Per Hour in 2008

The state of Colorado has increased their minimum wage from $6.85 per hour to $7.02 per hour, effective January 1, 2008. The minimum wage will adjust in accordance with the increase of employees’ minimum wage and follow this, effective January 1, 2009. The state Department of Labor and Employment released the news.

In addition, the minimum wage for tipped employees, such as waiters in restaurants, has also increased from the wage of $3.83 per hour to $4 per hour.

"We're just giving a heads-up to businesses that the minimum wage will be going up. Many of them may not realize that minimum wage, which rose to $6.85 from $5.15 on Jan. 1, 2007, will be going up again in 2008," said Bill Thoennes, spokesman for the state labor department.

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