Dec 20, 2013 9:27 AM by Garrett Boyd

Colorado to increase minimum wage

DENVER (AP) - Colorado's minimum wage will increase by 22 cents on New Year's Day to $8 an hour.

Supporters say the raise will benefit 104,000 low-wage workers statewide. The minimum for tipped workers in Colorado will also rise by 22 cents, to nearly $5 an hour.

According to the Denver Post, the increase will also help the state by boosting economic growth by nearly $19 million.


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