The minimal wage in Missouri is ready to extend to $12.00 per hour on January 1, 2025. This would be the first enhance within the state’s minimal wage since 2010, when it was raised to $7.25 per hour.
The rise within the minimal wage is predicted to profit over 500,000 employees in Missouri. Additionally it is anticipated to spice up the state’s economic system by an estimated $340 million per 12 months. Moreover, the rise within the minimal wage is seen as a step in the direction of closing the hole between the wealthy and the poor.
