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Seattle set to raise minimum wage to $15 an hour Published: June 2, 2014

The Seattle City Council was poised Monday to approve a historic plan to raise the minimum wage to a nation's-highest $15 an hour, according to USA TODAY.

Washington already has the highest state minimum wage at $9.32 an hour, well above the federal minimum of $7.25. The Seattle plan would phase in the higher, local minimum wage over three to seven years, depending on the size of the business and benefits they provide employees.

City officials estimate that about a quarter of workers earn less than $15 an hour. Full-time work at that rate translates to about $31,000 a year.

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