If your teen works in fast food, he or she will be happy to hear this.

Florida's minimum wage is going up on January 1st...by 14 cents.  The new minimum wage of $7.93 will help an estimated 416,000 low wage workers in the state.

The minimum wage for tipped workers, such as restaurant servers, will also go up by 14 cents, to $4.91. 

Florida voters, back in 2004, approved automatic annual rate adjustments to keep pace with the cost of living.