Missouri Minimum Wage to Rise in January

4 years 3 months 6 days ago November 14, 2012 Nov 14, 2012 Wednesday, November 14 2012 Wednesday, November 14, 2012 4:21:00 AM CST in News
By: Kacie Yearout
Embed Code Copied

MISSOURI - The state minimum wage will rise to $7.35, up ten cents from the current wage per hour. Missourians voted in 2006 to have the state minimum wage be the same as the federal minimum wage, but it could be inflationary adjusted annually. This raise is due to inflation, based off the Consumer Price Index, which measures prices of services and goods.

THe Missouri Chamber of Commerce and Industry are critiquing the higher wage, saying it will put the state at a competitive disadvantage compared to neighboring states. Only Illinois has a higher minimum wage. Other critics say it will cause more competition for jobs and raise prices at smaller businesses.

Supporters of the higher minimum wage say that the few extra dollars will be put back into the economy because low wage workers have to spend it. Ten cents more an hour totals 4 dollars more a week and 208 dollars more a year. Some say that it still will not be a living wage for Missourians; Financial Planning Specialist Brenda Proctor said the living wage for Missourians is between eight and 22 dollars, depending on location.

Many have critiqued the federal minimum wage for not being adjusted for inflation. In 1980, the federal minimum wage was $3.10. Adjusted for inflation, that has a buying power of $8.71. That is more than a dollar more than the current minimum wage and still more than the new minimum wage for Missouri. 

 

More News

Grid
List
COLUMBIA - The Columbia City Council will look at what could turn into a Prescription Drug Monitoring Program, or PDMP,... More >>
14 hours ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 7:00:00 PM CST in News
CALLAWAY COUNTY - Two people were arrested after taking law enforcement on a high speed chase throughout mid-Missouri Sunday, according... More >>
14 hours ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 6:36:00 PM CST in Coverage From Callaway
KANSAS CITY (AP) — A group of homeowners raised money for a man who was arrested in their neighborhood after... More >>
15 hours ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 6:05:00 PM CST in News
OVERLAND - The Overland Police Department cancelled the Amber Alert for a 9-month-old boy Sunday. According to police, the... More >>
19 hours ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 2:10:00 PM CST in News
JEFFERSON CITY (AP) — Missouri Gov. Eric Greitens has started complaining about the coverage his administration receives, but the Republican... More >>
19 hours ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 1:21:21 PM CST in News
COLUMBIA - Columbia saw one of its warmest weekends of the year so far with temperatures in the high 60s... More >>
20 hours ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 12:53:00 PM CST in News
CALLAWAY COUNTY- One man died and another was seriously injured in an overnight crash in Callaway County Sunday. According... More >>
21 hours ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 12:20:00 PM CST in News
BOONE COUNTY — The Boone County Fire Protection District responded to 12 natural cover fires on Saturday. The Columbia... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 8:28:00 PM CST in News
COLUMBIA - The Unitarian Universalist Church of Columbia (UUCC) and Missouri Faith Voices hosted a resistance training Saturday to educate... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 6:35:00 PM CST in News
BOONE COUNTY — Two people were taken into custody after leading police on a car chase through multiple counties Saturday... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 5:16:00 PM CST in News
KANSAS CITY (AP) — An online tool has disappeared for people to find out whether they are buying puppies from... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 4:46:00 PM CST in News
KANSAS CITY (AP) — A government report shows the number of farms in Missouri fell last year while the remaining... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 4:41:00 PM CST in News
COLUMBIA — The Acting Company based out of New York has crossed the country and is now in Columbia to... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 3:03:00 PM CST in News
JEFFERSON CITY — The Special Olympics Missouri Regional Basketball Tournament returned to Jefferson City for the third year Saturday. ... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 2:48:00 PM CST in News
JOPLIN (AP) — Supporters of Route 66 are pushing to have the roadway added to a national list of historic... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 1:14:00 PM CST in News
CAMDEN COUNTY — A male suspect attempted to gain entrance to a residence on Hackberry Trace in Montreal Saturday, the... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 1:05:00 PM CST in News
PINEVILLE (AP) — The Harry S. Truman Coordinating Council and the Northwest Arkansas Regional Planning Commission will be meeting to... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 12:38:29 PM CST in News
COLUMBIA — The Homes for Computers Program distributed 40 computers to eligible low-income Columbia families on Saturday. One mother... More >>
1 day ago February 18, 2017 Feb 18, 2017 Saturday, February 18 2017 Saturday, February 18, 2017 12:33:00 PM CST in News
Columbia, MO
Broken Clouds 67°
10am 66°
11am 67°
12pm 68°
1pm 71°

Select a station to view its upcoming schedule:

Coming Up Next

7:00a
Today
11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
9:00a
The Steve Wilkos Show
10:00a
Jerry Springer
11:00a
Jerry Springer

Tonight's Schedule

7:00p
American Ninja Warrior
9:00p
Timeless
7:00p
Supergirl
8:00p
Jane the Virgin
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld