Colorado minimum wage declines under terms of 2006 ballot initiative
DENVER, Colorado: Under the terms of Amendment 42 from 2006, the Colorado minimum wage declined on January 1, 2010 from $7.28 to the federal level of $7.25. Colorado is one of 10 states that tie the state's minimum wage level to inflation.
Since Colorado's consumer price index fell 0.6% in 2009, the minimum wage automatically declined at the turn of the year. Amendment 42 has a provision that says the state's minimum wage can't go any lower than the federal minimum wage of $7.25. Without this provision, the Colorado minimum wage would have declined somewhat more.
About 48,000 employees in Colorado earn the minimum wage.