Minimum Wage In US: Nebraska Among States That Voted For Higher Rate

Nebraska voters approved a minimum wage hike in the midterm elections on Tuesday.

Initiative 433, which was approved by 59%, calls for annual raises of the minimum wage for the next four years to help offset costs from inflation.

The initiative will raise the minimum wage by $1.50 for the next four years, increasing the state's current $9-per-hour wage to a minimum of $15 per hour.

After 2026, the initiative will calculate the state minimum wage based on inflation.

Nebraska is one of nine states to raise their minimum wage...