All tagged Consumer Economy
On Wednesday, Gov. David Ige signed House Bill 2510 into law, putting Hawaiʻi on a path toward the highest minimum wage in the country. As a small business owner, I say: It’s about time. No one can survive on $10.10 an hour—or just $21,000 a year—in Hawaiʻi.
Although, given HB 2510’s nearly six-year phase-in period, other states may reach that mark first, Hawaiʻi nevertheless becomes the first state to officially enact an $18 minimum wage.
Hawai‘i’s minimum wage is currently $10.10 an hour. The new law raises the rate in increments over the next several years, starting with $12 on Oct. 1.
Gov. David Ige on Wednesday signed legislation raising the state's minimum wage to $18 an hour by 2028.
The wage will increase to $18 by 2028, while many Hawaii taxpayers will get one-time checks for $300.
Ige said that this “balanced approach” will begin in increments, starting by raising the minimum wage from $10.10 an hour to $12 in October.
Hawaiʻi enacted the nation’s first statewide $18 minimum wage law, with Gov. David Ige’s signature of a bill aimed at fighting poverty among the islands’ workers.
There is no good reason for the House and Senate to be at loggerheads over the minimum wage and the Earned Income Tax Credit bills.
At a Labor for Living Wages rally at the Hawai’i State Capitol on Wednesday, Kona Rep. Jeanne Kapela said current wages cannot begin to satisfy the state’s highest cost-of-living standards in the nation.