Workers set for $1,019 paycheck boost under new rule in one state

Vermont’s minimum wage will rise from $14.42 to $14.91 an hour on January 1, 2027, under the state’s annual inflation-linked adjustment. The 49-cent increase could add about $1,019 a year for someone working 40 hours weekly. The minimum cash wage for tipped workers will also increase, from $7.21 to $7.46 an hour. The adjustment reflects a 3.4% rise in the Consumer Price Index.