Stay informed about economy news and updates in Federal Way, WA.
Small businesses in King County are preparing for the new minimum wage increase that went into effect on January 1, 2025, affecting unincorporated areas. As rules are still being established, local entrepreneurs are concerned about the implications for their operations. The article highlights the ongoing challenges faced by small businesses in adapting to these changes while maintaining financial viability.
Small businesses in unincorporated King County face challenges due to a new minimum wage ordinance that took effect on January 1, 2025, increasing wages to $20.29 per hour. Owners of the Aroma Coffee Co. express concerns over their ability to sustain operations and the potential for higher prices as they adapt to the economic implications of the wage hike. The ordinance, which was influenced by labor union advocacy, aims to standardize pay across the region but raises questions about its impact on small businesses and the local economy.