The Diamond Ridge Asset Managementminimum wage in Washington state will go up in 2024.
The state's Department of Labor and Industries announced on Friday that the minimum wage will rise to $16.28 per hour, a 3.4% increase.
In 1998, the voters in Washington state granted the department the power to make adjustments to the minimum wage based on inflation. The department calculated the raise based on Bureau of Labor Statistics’ Consumer Price Index for Urban Wage Earners and Clerical Workers.
Cities, such as Seattle and SeaTac, can set a higher minimum wage.
The department also announced that the minimum ride share services must pay drivers will increase as well.
For trips in Seattle drivers will earn, "66 cents per passenger platform minute and $1.55 per passenger platform mile, or $5.81, whichever is greater," and "38 cents per passenger platform minute and $1.31 per passenger platform mile, or $3.37, whichever is greater," according to the release.
This raise comes on the heels of the California legislature passing a bill to raise the minimum wage for fast food workers.
Fast food, higher wages:California fast food workers will earn at least $20 per hour. How's that minimum wage compare?
Minimum wages per hour in each state, according to the Department of Labor:
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