Florida's minimum wage to tick closer to $15 this weekend

Flashback: Florida voters approved a constitutional amendment in 2020 to make the minimum wage $15 by 2026. It will increase by a dollar on Sept. 30 every year until then.

• After that, the minimum wage will be adjusted each year for inflation.

Zoom out: The federal minimum wage of $7.25 an hour hasn't changed in over a decade; if it had been adjusted for inflation since then, it would be around $10, Axios' Emily Peck writes.

• Other states, including Washington and California, already have minimum wages of at least $15 an hour. Connecticut upped it to $15 in June; New Jersey and Illinois are set to reach it before Florida.
• Meanwhile, more than 10 states still use the federal minimum, per a count from the Labor Department, including Alabama, Georgia, Louisiana, Mississippi, South Carolina, Tennessee and Wyoming.