Minimum Wage January 2024 Colorado . Effective january 1, 2024, the state minimum wage will be increased to $14.42/hour. The colorado minimum wage is applicable to all adults and emancipated minors, and is raised or lowered annually based.
The raising of the minimum wage has been an annual event for the state. The state minimum wage will be $14.42 in 2024, up from $13.65 in 2023, according to colorado’s publication and yearly calculation of adjusted labor.
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