Starting January 1, 2025, nearly half of U.S. states will implement minimum wage increases, benefiting an estimated 9.2 million workers.

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Nearly half the states in the U.S. are raising their minimum wages in 2025, meaning pay hikes for more than 9 million workers, according to a new report.

In all, 21 states will raise their wage floors on Jan. 1 in keeping with inflation-adjusted increases or as part of scheduled hikes that take effect at the beginning of each calendar year.