Residents of the state of Connecticut will have an increase in the minimum wage starting this Friday, July 1, 2022, Governor Ned Lamont recalled on Monday.
The minimum wage will increase from $13 an hour to $14 starting Friday.
change is the result of legislation he enacted three years ago which schedules several increases in the minimum wage over a five-year period.
“For too long, as the nation’s economy has grown, the incomes of the lowest-earning workers have remained flat, further worsening existing wage disparities and preventing working families from gaining financial security,” the governor said. Lamont. “This is a fair and gradual increase for workers who will invest the money directly into our economy and continue to support local businesses in their communities.”
Signed into law by Governor Lamont in 2019, the Public Law 19-4 requires the minimum wage to increase five times over a five-year period, from the then rate of $10.10 per hour to:
• $11 on October 1, 2019.
• $12 on September 1, 2020.
• $13 on August 1, 2021.
• $14 on July 1, 2022.
• $15 on June 1, 2023.
Ultimately, effective January 1, 2024, that same law requires that the minimum wage be indexed to the Employment Cost Index, which is calculated by the US Department of Labor, and for the first time in Connecticut the rate will grow according to economic indicators.