http://www.onenewsnow.com/AP/Search/Business/Default.aspx?id=650130
Colo. minimum wage may drop as living costs fall KRISTEN WYATT - 8/19/2009 4:51:07 Colorado's lowest-paid workers could make even less money next year. That's because the state has an adjustable minimum wage that may become the first in the nation to drop slightly along with the cost of living. Colorado is one of 10 states where the minimum wage is tied to inflation. The indexing is thought to protect low-wage workers from having flat wages as the cost of living goes up. But because Colorado's provision allows wage declines, the minimum wage could actually drop 3 cents an hour next year. If the wage is reduced by state labor officials in September as expected, it would be the first minimum wage decrease in any state since the federal minimum wage law was passed in 1938. ...
