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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.
The regular minimum wage and tipped minimum wage are the same in Montana. ... More minimum wage increases are slated for coming years: $14 in 2024, and $15 in 2025. Smaller employers are on a ...
The federal minimum wage has been $7.25 an hour since 2009. That was 13 years ago. That's the longest the minimum wage has remained stagnant since the Fair Labor Standards Act first set it at 25 ...
For anyone working a minimum wage job in this new year, they will be paid more in 22 states and in at least 40 cities and counties across the country than they were in 2023.
The minimum wage will increase in 2023 by an additional 13¢ in addition to its standard increases in pay rates due to an increase in the Consumer Price Index. [270] January 1, 2024: $15.00 regular, $13.50 seasonal, $12.50 agricultural; January 1, 2025: $14.30 seasonal, $13.40 agricultural; January 1, 2026: $15.00 seasonal, $14.20 agricultural
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1] [2] The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$17. [3] [4] Versions of the bill have been introduced in each United States Congress since 2017.
Of those states, Washington has the highest minimum wage at $15.74 an hour. Twenty-seven states will see a minimum wage increase this year. Marijuana, Minimum Wage: New Laws Going into Effect in 2023
For example, they look at the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In addition to their own findings, they reanalyzed earlier studies with updated data, generally finding that the older results of a negative employment effect did not hold ...