Alaska’s Minimum Wage Will Increase in January 2019
- November 2, 2018
October 31, 2018 No. 18-41
JUNEAU, Alaska—The Alaska minimum wage will increase from $9.84 to $9.89 in 2019. Voters passed a ballot initiative in 2014 to raise the minimum wage by one dollar in both 2015 and 2016, and thereafter required the rate to be adjusted annually for inflation.
Alaska Statute 23.10.065(a) requires the Alaska minimum wage to be adjusted using the Consumer Price Index for urban consumers in the Anchorage metropolitan area (Anchorage CPI-U) for the preceding calendar year. The Anchorage CPI-U increased 0.5 percent in 2016, rising from 217.830 to 218.873. As a result, the minimum wage will rise
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