consumer price index

By Aldo Svaldi
The Denver Post

The new year brings with it a decent bump in pay for about 74,000 Colorado workers earning the minimum wage.

Colorado's minimum wage increases 3.8 percent, or 28 cents, to $7.64 an hour effective today. That's the biggest increase since the state linked its minimum wage to inflation back in 2006.

For an employee making that wage full-time, the increase translates into an extra $582 a year.

For immediate release
Colorado minimum wage likely to drop
under new inflation rate

Groups that helped pass Amendment 42
comment on possible change in pay for workers

The Denver Post

Collapsing energy and transportation prices quenched inflation in the metro area in the first half of 2009, according to a report Friday from the U.S. Bureau of Labor Statistics.

The consumer price index for Denver-Boulder-Greeley decreased 0.6 percent between the first half of 2008 and the first half of 2009.

Inflation ran at a hot 3.9 percent rate last year.