Oct 13, 2009 10:26 AM by Associated Press

Colorado minimum wage to drop as living costs fall

Colorado officials have confirmed that the state next year will become the first to lower its minimum wage because of a falling cost of living.

The state Department of Labor and Employment ordered the wage down from $7.28 to $7.24. That's lower than the federal minimum
wage of $7.25, so most minimum wage workers will lose 3 cents an hour.

Colorado is one of 10 states where the minimum wage is tied to inflation. The indexing is thought to protect low-wage workers from
having flat wages as the cost of living goes up.

But because Colorado's provision allows wage declines, the minimum wage will drop because of a falling consumer price index.
It will be the first decrease in any state since the federal minimum wage law was passed in 1938.


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