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.
Snyder is up for re-election this year, as are many Michigan state legislators. The stateâs minimum wage was last increased six years ago. Under the new law, Michiganâs minimum wage will increase eventually to $9.25 per hour in 2018. Michigan is the first state with a Republican-led legislature to raise its minimum wage this year, according to the National Conference of State Legislatures.