Effective Jan. 1, 2019, Alaska’s hourly minimum wage is expected to rise to $9.89 from $9.84, according to Bloomberg Tax calculations.
The hourly minimum wage is annually indexed to allow for inflation-related adjustments, based on changes to the consumer price index for the previous year and statutory requirements (AS 23.10.065). In 2017, the CPI rose 0.5 percent.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.