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The other states with minimum wage increases put into effect by their own residents were New York, which now has a $15.50 hourly rate — $16.50 for those working in New York City, Long Island ...
Nearly half the states in the U.S. are set for minimum wage increases on Jan. 1, 2025, which will mean a pay hike for some 9.2 million workers, according to recent data. An analysis by The ...
Minimum wage increases in the past few years have helped Americans keep pace with annual inflation that reached a 40-year high of 9.1% in mid-2022 before gradually falling to 2.6% recently.
New York City's minimum wage for companies with 11 or more employees became $15.00 per hour on December 31, 2018. [197] On the same day, NYC's hourly minimum wage for companies with 10 or fewer employees became $13.50. [197] The minimum wage in Illinois will reach $15 per hour by 2025 with increases beginning in 2020. [198]
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
Other states with increases going into effect in 2025 are: Alaska's minimum is going to $11.91, up 18 cents, thanks to an inflation adjustment.Arizona workers will make a minimum of $14.70 come ...
Increases the minimum wage for tipped employees (currently $6.75/hr) to the state minimum wage of $15/hr by 2029 while continuing to permit tipping. Nov 5 >50% TBD: Missouri: Citizens On ballot Proposition A: Increases the minimum wage to $15/hr (currently $12.30/hr) by 2026; requires 1 hour of paid sick leave per 30 hours worked. Nov 5 >50% ...
With the increase, Washington continues to have the highest minimum wage of all states at $16.66, up 38 cents. Delaware will see the highest increase, from $13.25 to $15. Meanwhile, Minnesota has ...