India, Oct. 1 -- Florida's minimum wage jumped by another dollar this week, moving from $13 to $14 an hour. The raise took effect Tuesday, September 30, and marks the latest step in a voter-approved plan passed in 2020.

The change comes from Amendment 2, which requires the state's minimum wage to increase by $1 each year until it hits $15 in 2026. After that, adjustments will once again be tied to inflation. Before the amendment, the state minimum wage was $8.46 in 2019.

The schedule set by the law has been steady:

September 2022: $11

September 2023: $12

September 2024: $13

September 2025: $14

September 2026: $15

Supporters, led by attorney John Morgan, argued the change was about fairness. According to CNBC, Morgan spent millions...