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.
LANSING, MI -- Michigan employees earning minimum wage will ring in a new rate of pay with the new year on Friday, when minimum wage bumps up to $8.50. Minimum wage had been $7.40 in Michigan before 2014, when legislators passed a bill that raises it gradually to $9.25 by 2018. It increased to $8.15 on Sept. 1, 2014 and will raise to $8.50 on Jan. 1, 2016. Two more scheduled raises will increase it to $9.25 by 2018.