Florida's minimum wage will increase by one dollar on Tuesday, from $13 per hour to $14. The bump is part of a series of incremental growth in voters under the amendment in 2020. “Florida is no longer a cheap state, and a lot of it has to do with real estate prices and the price you have to pay,” said Jones, who said higher wages can encourage businesses to explore alternatives businesses can explore, such as automation, and become higher for higher results. This state. “Essentially, Florida's minimum wage trails lag some of the country's highest wages, he said. Washington, D.C. leads at $17.95 an hour, followed by $16.66 in Washington state and $16.50 in California and New York. Jones believes that Florida's wages will eventually exceed $15 an hour, but says it will take time. He encourages workers to do additional training and skills to help them exceed government-mandated growth. The final scheduled growth under Amendment 2 Section 2 will take effect on September 30, 2026, raising wages to $15 an hour.
Orlando, Florida –
Florida's minimum wage will increase by one dollar on Tuesday, from $13 per hour to $14.
The bump is part of a series of incremental increase approved by voters under Amendment 2 in 2020.
The state's minimum wage has increased by $1 per year since 2022 and is scheduled to reach $15 per hour in September 2026. Workers earn a minimum wage per week and work 40 hours increase by $2,080 per year.
Although pay raises help workers bring more money, they also face challenges, said Chris Jones, president of Florida economic adviser.
“Florida is no longer a cheap state of living, a lot of it has to do with real estate prices and the price you have to pay workers,” Jones said.
Jones notes that higher wages can encourage businesses to explore alternatives such as automation and contribute to higher cost of living overall.
“It's a chicken and egg effect with two utility. Because when you raise your minimum wage, living in the state becomes more expensive,” he said.
Nationally, Florida's minimum wage lags behind some of the highest wages in the country. Washington, D.C. leads at $17.95 an hour, followed by $16.66 in Washington state and $16.50 in California and New York.
Jones believes that Florida's salary will eventually exceed $15 an hour, but says it will take time. He encouraged workers to seek more training and skills to help them grow beyond government regulations.
The final scheduled increase under Article 2 of Amendment 2 will take effect on September 30, 2026, increasing wages to $15 per hour.