Will Connecticut’s minimum wage exceed $18.00 per hour on January 1, 2028?

January 1, 2028 If the June 2027 BLS Employment Cost Index value used under Connecticut General Statutes §31-58 produces a Connecticut minimum fair wage for January 1, 2028 that is above $18.00 per hour, then the market resolves to Yes. Under Connecticut law, the January 1, 2028 rate is determined by the 12-month percentage change in the applicable ECI through June 30, 2027, with the resulting wage rounded to the nearest cent. Resolution uses the 12-month percent change ending June 2027, not