Connecticut’s minimum wage rises to $15.69 on New Year’s Day

Gov. Ned Lamont today announced the state”™s minimum wage will rise from the current $15 per hour to $15.69 as of Jan. 1, 2024.

The increase is part of the state”™s first-ever economic indicator adjustment, which was enacted into law in 2019. Beginning on the upcoming New Year”™s Day and occurring annually each Jan. 1 thereafter, the state”™s minimum wage will be adjusted according to the U.S. Department of Labor”™s calculation of the employment cost index for the 12-month period ending on June 30 of the preceding year.

The law requires the commissioner of the Connecticut Department of Labor to review this percentage change and then announce any adjustments by Oct. 15 of each year. The minimum wage adjustments become effective on the next Jan. 1.

Lamont”™s office noted that according to the Current Population Survey as calculated by the U.S. Census Bureau and the U.S. Bureau of Labor Statistics, approximately 60% of minimum wage earners in Connecticut are women.

“This is a fair, modest increase and the money earned will be spent right back into our own economy and support local businesses,” said Lamont.