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An employer can pay below the federal minimum wage unless a state has its own law on employee compensation. For example, businesses making less than $500,000 per year are not subject to the ...
In 2019, only 1.6 million Americans earned no more than the federal minimum wage—about ~1% of workers, and less than ~2% of those paid by the hour. Less than half worked full time; almost half were aged 16–25; and more than 60% worked in the leisure and hospitality industries, where many workers received tips in addition to their hourly wages.
In all but a handful of states, employers are allowed to pay tipped workers below minimum wage — in some cases as little as $2.13 per hour — as long as they make enough in tips to earn the ...
In 2019, only 1.6 million Americans earned no more than the federal minimum wage—about ~1% of workers, and less than ~2% of those paid by the hour. Less than half worked full time; almost half were aged 16–25; and more than 60% worked in the leisure and hospitality industries, where many workers received tips in addition to their hourly wages.
More than one-third of those making at or below minimum wage had attended college. Had the federal minimum wage kept up with inflation in July 2009, it would be $10.34, according to the BLS.
Because the Republican Party has opposed raising wages, the federal real minimum wage is over 33 per cent lower today than in 1968, among the lowest in the industrialized world. People have campaigned for a $15 an hour minimum wage, because the real minimum wage has fallen by 43% compared to 1968. [112]
Adjusted for inflation, the 2009 $7.25 rate would be the equivalent of $10.28 today. Full-time employment at the current rate earns workers just over $15,000 annually, which is less than half the ...
In the United States workers generally must be paid no less than the statutory minimum wage.As of July 2009, the federal government mandates a nationwide minimum wage level of $7.25 per hour, while some states and municipalities have set minimum wage levels higher than the federal level, with the highest state minimum wage being $9.47 per hour in Washington as of January 1, 2015. [5]