The minimal wage in Missouri is about to extend to $12.00 per hour on January 1, 2025. This would be the first improve within the state’s minimal wage since 2010, when it was raised to $7.25 per hour.
The rise within the minimal wage is anticipated to profit over 500,000 employees in Missouri. It’s also anticipated to spice up the state’s economic system by an estimated $340 million per yr. 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.