Minimum wage in CT goes up to $8.70 an hour on Jan. 1

The minimum wage in Connecticut will increase by 75 cents during the next year and a half.

Gov. Dannel P. Malloy signed legislation this summer that hikes the minimum wage in two stages — from the current $8.25 an hour to $8.70 on Jan. 1, 2014, and then to $9 on Jan. 1, 2015.

“This gradual increase over two years is a balanced approach to helping hard working men and women without adversely impacting the business community,” Malloy said. “Although I believe our nation as a whole should move in this direction, I also think Connecticut needs to lead the way in helping working families.”

Federal rate unchanged for four years

The federal minimum wage is $7.25 an hour and it has not increased since 2009. States and municipalities can approve higher minimum wages.

Malloy thanked leadership in the state legislature for approving the minimum wage hike bill. The Democrats control the legislature, and Malloy is a Democrat.

“We know there is no better way to pull a child out of poverty than increasing the minimum wage,” the governor said.