Colorado's Minimum Wage Rises 26 Cents ; Employers: It's Another Hit in a Slow Economy

Summary


Colorado's minimum wage workers will get an automatic 26-cent raise Thursday, when the hourly pay rate increases from $7.02 to $7.28 as mandated by the state's constitution.

The minimum wage for tipped employees, such as restaurant waitstaff and hotel doormen, will rise to $4.26 an hour, from $4.

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Colorado's Minimum Wage Rises 26 Cents ; Employers: It's Another Hit in a Slow Economy

The change may signal a good start to the New Year for entry- level employees, but business owners say it's another blow to them as they struggle to gain revenue in a slow economy.

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"It's an incremental loss for res...

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