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Minimum wage workers in the City and County of Denver will make another dollar an hour in 2024.
DENVER — Minimum wage workers in Denver will soon get a bump in their pay.
Starting on Jan. 1, the minimum wage in the City and County of Denver will be $18.29. That’s a full dollar more than the current minimum wage of $17.29.
The scheduled wage increase comes from the city’s local minimum wage ordinance, which was approved unanimously by the Denver City Council in November 2019.
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In 2024, the minimum wage for tipped food and beverage workers will be $15.27 per hour provided they earn at least $3.02 in tips.
Denver’s wage increase requires annual adjustments to ensure wages keep up with Denver’s cost of living.
The minimum wage increase next year is less than the one in 2023 due to slowing inflation. Based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), 2024’s adjustment for the Denver-Aurora-Lakewood area was 5.8%, less than the CPI-W of 8.94% for 2023.
Denver’s minimum wage is more than twice as high as the federal minimum wage, which has been $7.25 an hour since 2009. Colorado’s minimum wage is currently $13.65 per hour.
More information about Denver’s minimum wage is available at DenverWages.org.
This article draws from previous reporting by Alexander Kirk.
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