The medical billing and coding profession is expected to see substantial employment growth because of the overall projected need for professionals in healthcare. While already a massive industry, healthcare is expected to grow exponentially due to the aging of the U.S. population.
Dates of Minimum Wage Rate Increases. The current minimum wage is $7.40. The rate increases as follows: 1  September 1, 2014 - $8.15. 2  January 1, 2016 - $8.50. 3  January 1, 2017 - $8.90.4  January 1, 2018 - $9.25.he current minimum wage is $7.40. The rate increases as follows: 1  September 1, 2014 - $8.15. 2  January 1, 2016 - $8.50. 3  January 1, 2017 - $8.90. 4  January 1, 2018 - $9.25.
â¢ Labor economists estimate that for every 10 percent increase in the minimum wage rate, employment among those affected drops by five percent. 4 Increasing Michiganâs minimum wage to $10 per hour â a 35 percent increase â would translate into an employment drop of more than 17 percent. Labor economists estimate that for every 10 percent increase in the minimum wage rate, employment among those affected drops by five percent. 4 Increasing Michiganâs minimum wage to $10 per hour â a 35 percent increase â would translate into an employment drop of more than 17 percent.