Missouri minimage wage to rise in January 2014

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Web Editor - Nick Miller

ST. LOUIS, MO -- The Missouri Department of Labor announced that the minimum wage for the state will increase from $7.35 to $7.50 ($3.63 to $3.75 for tipped employees) based on the increase in the cost of living in the state.

Voters overwhelming approved a minimum wage increase that included a cost-of-living-adjustment which causes the wage to increase with inflation in 2006.

"This is good news for Missouri's economy," said Missouri Jobs with Justice Director Lara Granich. "It means our hard-working neighbors can buy as much bread and milk at the neighborhood store next year as they were able to buy this year."

She also said the cost of living adjustment in Missouri's minimum wage keeps the lowest paid people in the economy from falling further behind, but "it's still far, far short of what a family needs to get by."

The raise will come into effect on January 1st, 2014.

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