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.
Please look at the time stamp on the story to see when it was last updated. MICHIGAN â The state's minimum hourly wage increased from $7.40 to $8.15 Monday. The increase is part of legislation passed by state lawmakers in May that will raise the minimum wage to $9.25 by Jan. 1, 2018. Under the same legislation, the minimum wage for tipped workers increases to $3.10 an hour from $2.65 an hour. The next wage increase is scheduled to take effect Jan. 1, 2016 when the minimum wage will increase to $8.50 an hour.