Missouri's Minimum Wage will be $6.65 effective January 1, 2008

Section 290.502.2, RSMo requires the Director of the Department of Labor and Industrial Relations to, on September 30, 2007, measure the increase or decrease in the cost of living percentage increase or decrease as of the preceding July over the level as of July of the immediate preceding year of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) as published by the U.S. Department of Labor with the amount of the minimum wage increase or decrease rounded to the nearest 5 cents. The minimum wage shall be increased or decreased on January 1, 2008 by the increase or decrease in the cost of living.

The Director has determined, utilizing information published by the U.S. Bureau of Labor Statistics, that the Missouri Minimum Wage will be $6.65 per hour effective January 1, 2008. This is based on a 2.2 percentage change in the CPI between July 2006 and July 2007. This is calculated using the CPI for Urban Wage Earners and Clerical Workers Midwest Region as follows:

This information can be accessed at http://data.bls.gov/cgi-bin/surveymost and http://www.bls.gov/cpi/cpi1998d.htm.