What Is Colorado Minimum Wage 2024. Unemployment rate unchanged at 3.8 percent household survey data. However, colorado employers should be aware that municipalities within colorado will.
The statewide minimum wage for colorado — currently $13.65 — will increase on january 1, 2024, in line with the cost of living (cola) to an amount not yet determined. Colorado’s state minimum wage will increase to $14.42 per hour beginning january 1, 2024.
By Chris Stiffler, Senior Economist.
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Colorado’s State Minimum Wage Will Increase To $14.42 Per Hour Beginning January 1, 2024.
The colorado minimum wage is set to increase from $13.65 to $14.42 on january 1, 2024, which is $7.17 higher than the federal.
What Is The Minimum Wage In Colorado?
The colorado minimum wage is higher than the federal minimum wage in 2024.