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SF minimum wage going up March 1

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Santa Fe’s required minimum wage is going up again, as of March 1.

City spokeswoman Jodi Porter said the hourly rate required for all workers in the city limits is expected to go up by about 1.3 percent.

That would add roughly 14 cents to the current $10.51 city minimum wage, for a new rate of $10.65 an hour.

The precise amount of the raise will depend on final 2013 numbers for a federally determined annual consumer price index for the western United States. The federal Bureau of Labor Statistics has already posted CPI data for the first 11 months of the year.

Santa Fe’s wage ordinance ties the city’s minimum wage to annual increases in the CPI. The final, official rate for the 2014 living wage is expected to be announced in mid-January, Porter said.

The new rate should keep Santa Fe’s minimum wage the second-highest in the country. San Francisco’s minimum wage of $10.55 will go up to $10.74 on New Year’s Day.

 

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