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August 26, 2024
by: Hannah Halbert

Ohio minimum wage increase will help 330,000 workers

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New Year’s Day increase will boost consumer spending by $38 million

On January 1st, Ohio’s minimum wage will increase by ten cents to $7.95 per hour, benefiting an estimated 330,000 Ohio workers. The minimum wage for tipped Ohio workers will also rise by 5 cents to $3.98 per hour. The increase will raise consumer spending and boost economic growth by $38 million, according to an analysis of Census data by the nonpartisan Economic Policy Institute.

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