Gov. Ned Lamont held a conference in Willimantic Monday afternoon announcing the new minimum wage in Connecticut.

It will be increasing from $15 to $15.69. This will go into effect Jan. 1, 2024—as a result of the first-ever economic indicator adjustment.

The adjustment is now required under a state law Lamont signed in 2019 (Public Act 19-4)—implementing five incremental increases in the minimum wage over the last four years.

"Pay your workers, show dignity and respect. This has been a long time coming. You work a full day, you deserve a fair wage,” says Lamont.

Beginning in the new year, that same law will require minimum wage to be adjusted every year based on the U.S. Department of Labor's calculation of the employment cost index.