Minimum-wage rates adjusted for inflation as of Jan. 1, 2018 By DL News Staff on Oct 4, 2017 at 9:53 a.m. Minnesota's minimum-wage rates will be adjusted for inflation beginning Jan. 1, 2018, to $9.65 an hour for large employers and $7.87 an hour for other state minimum wages. Under Minnesota law, the commissioner of the Department of Labor and Industry is required to determine and announce the inflation-adjusted minimum-wage rate each year by Aug. 31. This year, the change in the price deflator is an increase of 1.56 percent.
hug meaning, definition, what is hug: to hold someone close to your body with your arms, usually to show that you like, loveâ¦. Learn more.
bear hug. A buyout offer so favorable to stockholders of a company targeted for acquisition that there is little likelihood they will refuse the offer. Not only does a bear hug offer a price significantly above the market price of the target company's stock, but it is likely to offer cash payments as well. See also takeover.