Starting next year, Denver will join a few dozen cities across the country with a minimum wage above $17 an hour.
The law requires that the city use the consumer price index to determine new wages for 2023.
The new wages were determined by using the bill's language, as the city's finance department found the consumer price index for the Denver-Aurora-Lakewood area was 8.94%.The new, increased wages mean Denver’s hourly rate is nearly $5 more than the state's current minimum of $12.56 — though the state’s minimum wage is also expected to increase by at least one dollar in 2023.The minimum wage for tipped service industry workers will be $14.27 an hour, provided they earn at least $3.
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