Montana’s minimum wage is increasing 75 cents an hour to $9.95 starting on Jan. 1, the Department of Labor and Industry announced.
It’s the largest inflationary increase since voters passed a ballot initiative to increase the minimum wage by $1 an hour to $6.15 in January 2007 and then make inflationary changes each year.
An estimated 23,500 Montana workers, or 5% of the workforce, received hourly wages less than $9.95 in 2022 and are likely to receive higher wages due to the 2023 minimum wage increase, state labor officials said.