Statewide minimum wage in Minnesota set to go up Jan. 1

Adjustment for inflation will raise wages by 17 to 21 cents an hour.

Minnesota’s minimum-wage workers will get a raise starting Jan. 1, state officials announced.

An adjustment for inflation will raise the statewide minimum wage from $9.65 to $9.86 an hour for workers at companies with annual gross revenue of $500,000 or more. Employees at smaller companies will see the minimum wage go from $7.87 to $8.04 an hour.

The youth wage rate — for those younger than 18 — also will go up to $8.04 an hour, as will the training wage that may be paid to employees under age 20 for the first 90 consecutive days of employment.

About 219,000 people — or 8.4 percent of the state’s workforce — are paid minimum wage. That doesn’t include about 71,000 workers in Minneapolis, where the minimum is $10.25 for companies with fewer than 100 workers and $11.25 for companies with more than 100 workers.

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