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Vermont to set highest state minimum wage in the U.S.

Vermont's new minimum wage will be $10.50, narrowly beating out the $10.10 recently adopted by three other states.

Demonstrators prepare signs supporting the raising of the federal minimum wage during May Day demonstrations in New York on May 1, 2014.
Demonstrators prepare signs supporting the raising of the federal minimum wage during May Day demonstrations in New York on May 1, 2014.REUTERS

Ned Resnikoff is an urban policy analyst, researcher, writer, and editor. His byline has appeared in a variety of publications, including the New York Times, San Francisco Chronicle, Dissent, and The Nation. He writes the newsletter Public Comment, which can be found at publiccomment.blog.