The minimal wage in Missouri is about 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 learn over 500,000 staff in Missouri. It is usually 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.