Alaska minimum wage to increase to $10.85 in 2023

JUNEAU — The Alaska minimum wage will increase from $10.34 to $10.85 in 2023. Voters passed a ballot initiative in 2014 to adjust the minimum wage annually for inflation. Alaska Statute 23.10.065(a) requires the Alaska minimum wage to be adjusted using the Consumer Price Index for urban consumers in the Anchorage metropolitan area (Anchorage CPI-U) […]

