Alaska Minimum Wage Up by 4 Cents

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FAIRBANKS, Alaska - Alaska's minimum wage just went up - but not by much.
A minimum wage ballot initiative, passed in 2014, raised the base rate in Alaska by a dollar each year in 2015 and 2016, with future increases coming based on fluctuations in the Consumer Price Index.
So far, those increases have been small: Last year, the minimum wage went up 5 cents per hour, from $9 dollars and 75 cents to $9.80
This year, the pay rate increased again, but only by four cents.
As of January 1st of this year, the new minimum wage for Alaska is $9 dollars and 84 cents.