The minimum wage in Colorado will increase from $7.25 an hour to $7.36 on Saturday. In Colorado, the minimum wage is tied to inflation and adjusts every January 1.
Someone working 40 hours a week for 52 weeks would see their annual income increase from $15,080 to $15,309.
This news comes on the heels of a report released this week by the Denver-based Bell Policy Center study which says that the working poor in Colorado keep falling further behind.
