Michigan To Raise Its Minimum Wage

Michigan Governor Jennifer M. Granholm has signed legislation that will raise the state's minimum wage from $5.15 per hour to $7.40 per hour in three steps over the next 27 months. 

The minimum wage in Michigan will increase to $6.95 on October 1, 2006, and then to $7.15 on July 1, 2007, and finally to $7.40 on July 1, 2008. 

The legislation notes that if a majority of voters approve a minimum wage proposal that may be on the ballot in November, the state would adopt the minimum wage set by the ballot proposal.