Florida Raising Minimum Wage to $7.93 Per Hour

Consumer Spending
AP

Beginning in 2014, Florida minimum wage workers can expect an increase in their paychecks.

Florida's minimum wage will soon rise to $7.93 per hour, a 14-cent increase over the current rate of $7.79 per hour.

Tipped workers will also be getting a 14-cent increase in their minimum wage. Their rate is increasing from $4.77 per hour to $4.91 per hour.

The changes take effect on Jan. 1.

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