People are Flipping Out About 2024 Minimum Wage Increases. They’re Not Really a Big Deal

 Chris MacDonald, InvestorPlace Contributor Jan 9, 2024, 12:22 pm EST

This January, workers making minimum wage will notice their paychecks possibly getting a little larger. Minimum wage increases in 22 states and 43 cities/counties should boost the standard of living for workers at this end of the spectrum. By year-end, 25 states and 60 cities/counties will have raised minimum wages. Wins in 2023 include California fast food wages hitting $20 an hour.