Alaska Minimum Wage Expected to Increase to $11.92 for 2025

Aug. 27, 2024, 8:15 PM UTC

Alaska’s hourly minimum wage is expected to rise to $11.92 from $11.73 effective Jan. 1, 2025, according to Bloomberg Tax calculations.

The calculations were based on Alaska statutes and federal data provided by the Bureau of Labor Statistics.

Alaska law requires the state to calculate the annual minimum wage adjustment for the following year by Sept. 30.

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.