Econ Tracker

Oct 1, 2010 2:22 PM by Associated Press

Montana's minimum wage going up

Montanans making minimum wage will get a raise on Jan. 1.
State Labor Commissioner Keith Kelly said Friday the
cost-of-living increase is 10 cents an hour, bringing the minimum
wage to $7.35.
Montana voters passed Initiative 151 in 2006 that sets the state
minimum wage at the greater of either the current state or federal
minimum wage. It also added a cost-of-living adjustment to the
state minimum wage based on the Consumer Price Index.
The law requires the adjustment to be calculated by Sept. 30
each year.

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