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Minnesota Governor Mark Dayton signed a new minimum wage law that would raise the state’s minimum wage $3 over the next few years, according to TIME. The new bill raises Minnesota’s minimum wage from $6.15 per hour to $9.50 per hour by 2016. The minimum wage doesn’t affect small employers with gross sales under $500,000. However, those employers will be required to pay employees $7.25 per hour by 2016. Full article.