Colorado minimum wage to rise 28 cents on Jan. 1
By Brandon Rittiman, 9News
December 26, 2011
DENVER - Minimum wage earners can look forward to a raise on starting New Year's Day.
Colorado's minimum wage will be increased from $7.36 per hour to $7.64.
After taxes, a full-time worker making minimum wage would see about $500 more over the course of 2012.
Workers who rely on tips will also get a 28-cent raise, which makes their minimum wage rise to $4.62 per hour.
"To raise the minimum wage is huge," said bartender Molly Uyeki, who wasn't aware of the wage hike before 9NEWS told her. "It makes everybody work a little bit harder."
How much the federal minimum wage would be if it had kept up with inflation over the past 40 years. Instead, itís $7.25. Learn More