(HARTFORD, CT) – Governor Ned Lamont today announced that beginning on January 1, 2024, Connecticut’s minimum wage will increase from the current rate of $15.00 per hour to $15.69 per hour as a result of the state’s first-ever economic indicator adjustment.
This newly enacted adjustment is required under a state law Governor Lamont signed in 2019 (Public Act 19-4), which implemented five incremental increases in the minimum wage between 2019 and 2023, followed by future adjustments that are tied to the percentage change in the federal employment cost index. Beginning on January 1, 2024, and occurring annually each January 1 thereafter, the state’s minimum wage will be adjusted according to the U.S. Department of Labor’s calculation of the employment cost index for the twelve-month period ending on June 30 of the preceding year. The law requires the commissioner of the Connecticut Department of Labor to review this percentage change and then announce any adjustments by October 15 of each year. The minimum wage adjustments become effective on the next January 1.