Ahead of the U.K. budget this week, the government announced Tuesday it would raise the minimum wage for those over 23 years old to £9.50 an hour, which is about a 6.6% hike.
In dollars, that’s about $13.11, and when it comes to how that stacks up with the U.S., fairly competitive depending on where you live. The American federal minimum wage is $7.25, but many states also have their own laws. California and Washington, D.C., offer the highest minimum wages at $14 and $15.20, respectively, while London would have New York’s…
This post was originally published on Market Watch
