Colorado Minimum Wage Drops

By Ted Olsen

In our October 2009 newsletter, we reported that the Colorado minimum wage might be reduced.  The Colorado Division of Labor adopted such a reduction, and effective as of January 1, 2010, the State's minimum wage was cut from $7.28/hour to $7.24/hour.  This was due to a State constitutional provision calling for the annual adjustment of the minimum wage, and deflation in Colorado during 2009.  The federal minimum wage ($7.25/hour) is unaffected by this move.  

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© 2010 Sherman & Howard L.L.C.                                                   January 5, 2010