Colorado's minimum wage first in nation to drop

OutHouse

Lifer
Jun 5, 2000
36,413
616
126
http://www.denverpost.com/search/ci_14100781

DENVER—Colorado's minimum wage will drop slightly in the new year—the first decrease in a minimum wage in any state since the federal minimum wage was adopted in 1938.

Colorado's wage is dropping 3 cents an hour, from $7.28 to the federal minimum wage of $7.25. That's because Colorado is one of 10 states that tie the state minimum wage to inflation. The indexing is thought to protect low-wage workers from having flat wages as the cost of living goes up.

But because Colorado's provision allows wage declines, the minimum wage is going down because the state's consumer price index fell 0.6 percent last year. The drop is attributed to lower fuel prices.

State labor officials say about 48,000 people earned the minimum wage in 2008.

Read more: http://www.denverpost.com/search/ci_14100781#ixzz0c2WKe5kI
 

amdhunter

Lifer
May 19, 2003
23,324
219
106
Damn, that sucks. 3 cents might not sound like a lot, but the emotional loss would be immense.
 

AyashiKaibutsu

Diamond Member
Jan 24, 2004
9,306
3
81
As long as they can afford just a bit of hookers and blow so they can forget that they and their wife are working in a shithole so they can live like shit it'll all be ok.
 

KentState

Diamond Member
Oct 19, 2001
8,397
393
126
Less than a .5% drop in pay or about $62/year. Hell, my company reduced our pay last year for 9 months by 6%.
 

thepd7

Diamond Member
Jan 2, 2005
9,429
0
0
everyone else is taking pay cuts, why not them? It really is cheaper to live right now than a year ago.
 

mugs

Lifer
Apr 29, 2003
48,924
45
91
List of minimum wages.
http://en.wikipedia.org/wiki/List_of_U.S._minimum_wages

Damn. Kansas had it's minimum wage set $2.65 for many years until it was raised this year to $7.25. Here in SF the minimum wage is set at $9.79.

Federal minimum wage has been higher than $2.65 for a long time, so no one in Kansas has made $2.65 an hour recently (including waiters, because tips are income even if they don't report most of them on their income tax return).
 

zoiks

Lifer
Jan 13, 2000
11,787
3
81
Federal minimum wage has been higher than $2.65 for a long time, so no one in Kansas has made $2.65 an hour recently (including waiters, because tips are income even if they don't report most of them on their income tax return).

Good to know. Now that's a good reason why there ought to be federal laws in addition to state laws in case the state wants to fuck you in the ass.
 

Parasitic

Diamond Member
Aug 17, 2002
4,001
2
0
So which one prevails, the federal rate or the state rate?

CA is $8.00 an hour, but can an employer pay somebody $7.25/hr in CA and claim that federal law prevails?
 

hanoverphist

Diamond Member
Dec 7, 2006
9,928
23
76
So which one prevails, the federal rate or the state rate?

CA is $8.00 an hour, but can an employer pay somebody $7.25/hr in CA and claim that federal law prevails?

id say state prevails. only due to the states having the ability to "ignore" fed laws in other areas, like weapons and such
 

SunnyD

Belgian Waffler
Jan 2, 2001
32,674
145
106
www.neftastic.com
Ridiculous. Inflation going down? Has anyone bothered to take a look at the fact that quantity per price for most products has gone down significantly over the last decade, thereby artificially masking inflation?
 

CountZero

Golden Member
Jul 10, 2001
1,796
36
86
I can't believe Hawaii is 7.25, how do people live on that in such an expensive place?
 
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