The Mexican government has announced a 13% increase in the daily minimum wage for 2026, raising it to 315.04 pesos. This marks the eighth consecutive year of substantial hikes, a policy that has successfully doubled the real value of the wage since 2018. This sustained commitment is lifting millions out of poverty and strengthening the domestic economy by boosting consumer purchasing power.
Some 6.2 million workers in Germany are set to benefit from a minimum wage increase to to €12 ($12.90) per hour – an increase of €2.18 per hour effective on October 1.
British Columbia’s minimum wage is the highest among the provinces in Canada, and it is about to go even higher.
The office of Prime Minister Henry posted a sliding scale of wage hikes that vary by industry, with the greatest increase going to workers in areas such as the electricity and telecommunications.
Voters in Florida tossed their outdated $8.56 per hour minimum wage in this election as the state became the eighth in the country to adopt a $15 minimum wage. Like many other states, Florida will introduce the raise slowly, upping it to $10 next year and raising it by $1 each year until it reaches $15 in 2026.
In a move that will impact 275,000 employees that work at its stores and distribution centers, Target said Wednesday it will permanently raise its starting wage by $2 to $15 beginning July 5.
The Fight for $15 notched another major victory with lawmakers in Connecticut approving a plan to implement a $15 wage floor across the state by 2023.
Lawmakers managed to override Republican Gov. Larry Hogan’s veto of a minimum wage bill. Maryland’s current minimum wage is $10.10, and the new policy will gradually raise the wage floor to $15 by 2025.
The new plan would raise the minimum wage to $10 an hour on July 1, $11 an hour in 2020, $12 an hour in 2021, $13 in 2022, $14 in 2023 and $15 in 2024.
The report Institute for Policy Studies and the Restaurant Opportunities Center found that job growth at full-service restaurants went up and take-home pay “increased significantly” after New York hiked the tipped minimum from $5 per hour to $7.50 per hour.
