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.
At least six other states plus Washington, D.C. will have higher minimum wages than Michigan by the time it raises the wage to $9.25 in 2018. That's counting Maryland, which will raise its rate to $10.10 in July 2018, and Minnesota, which set different rates for large and small employers.ashington, D.C.'s minimum wage will increase to $11.50 by 2016. In addition to Michigan, a dozen states plus Washington, D.C. have minimum wages that are currently or will be tied to some type of annual inflationary adjustment, according to the NCSL. Email Melissa Anders at manders@mlive.com.