Minimum Wage Increase to $13.20 in 2026 & Resumption of Full-Time Transition Support

2026 Minimum Wage Increase Takes Effect

Starting January 1, 2026, the minimum wage will rise to **$13.20 per hour**. Based on a 40-hour workweek, this translates to a monthly salary of approximately **$2,156.88**, and it applies uniformly across all workplaces in the U.S. Note: This change impacts all employment types regardless of nationality or contract status. Interns or trainees can have their wages reduced by up to 10% during a 3-month probation period. Employers should be cautious, as paying below the new minimum wage could be considered wage theft starting from midnight on January 1st.

Resumption of Full-Time Transition Support Program

The government is reviving its program to support transitioning part-time or temporary workers into full-time roles, especially for small businesses with fewer than 30 employees. This initiative offers up to **$600 per month** per worker for a year to help cover costs associated with hiring full-time staff. This move aims to encourage small businesses to hire more full-time employees, which can help stabilize the local job market. Companies should prepare for these new labor policy changes in the upcoming year.

Economic Outlook for the New Year

With expectations of a performance-driven growth cycle, major financial news outlets like CNBC are planning special New Year’s broadcasts to highlight promising sectors for 2026. Starting at 8 a.m., a four-hour live segment will focus on the **2026 growth sectors**, featuring insights from industry experts and investment strategists. The emphasis will be on long-term investment strategies amid market volatility, encouraging investors to focus on growth-oriented opportunities.

Notable Economic Events

• In a positive sign for the economy, a hospital in downtown Los Angeles welcomed twin girls on New Year’s Day, signaling a potential rebound in birth rates.
• At Los Angeles International Airport, the first international arrivals of the year included travelers from China, with a welcoming ceremony for passenger Mr. Shu Suangyan.

These events symbolize renewed social and economic vitality for the new year. The minimum wage hike is expected to boost income for low-wage workers and stimulate consumer spending, contributing to overall economic growth.