Minimum Wage Washington 2024 Impact On Economy. Effective january 1, 2024, the minimum wage rate in washington state will increase to $16.28 per hour for employees sixteen years of age and older, the. A $15 minimum wage may lead to higher unemployment, but also to lower profits, higher prices, and less generous benefits for workers and consumers.

Waitress kaisha paul works to support her family of three at. The $1.25 increase makes it the highest in the nation.