Boulder County is on track to reach a $25 minimum wage by 2023, in unincorporated areas. “We wouldn’t expect a large loss of jobs as a result of a reasonably sized minimum wage increase,” Dyke said. Despite the eventual pay bump that would come with a higher minimum wage, workers like Lola Pierce are still worried about affording their rent. While a raise in minimum wage is not a panacea, it’s a step in the right direction, Boulder City Council member Lauren Folkerts said. There just aren’t that many tools that do that,” Folkerts said of the city’s decision to draft an ordinance to increase minimum wage.