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Millions of low-wage earners are getting a raise in 2025 as 21 states are slated to hike their minimum pay starting Jan. 1. ... Michigan's minimum wage is slated to be $10.56, up 23 cents, due to ...
In the most recent election, Missouri voted to raise its minimum wage to $15 an hour by 2026, and Alaska voted to hike its minimum to $15 by mid-2027. The last federal minimum increase was in July ...
On Jan. 1, 2025, the California state minimum wage, excluding fast food employers and certain healthcare facilities, will increase from $16 per hour to $16.50 for employers of all sizes.
(The Center Square) – Twenty-one states across the US are raising the minimum wage in 2025. Pennsylvania Democrats would like to see the commonwealth soon join their ranks. Sen. Art Haywood, D ...
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.
An increase in the minimum wage is a form of redistribution from higher-income persons (business owners or "capital") to lower income persons (workers or "labor") and therefore should reduce income inequality. The CBO estimated in February 2014 that raising the minimum wage under either scenario described above would improve income inequality.
Donald Trump is shaking things up again. This time, he's talking about raising the federal minimum wage. During a Sunday interview with NBC, Trump called the current rate of $7.25 per hour a "very ...
The Minimum Wage Fairness Act would amend the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to: (1) $8.20 an hour beginning on the first day of the sixth month after the enactment of this Act, (2) $9.15 an hour beginning one year after the date of such initial increase, (3) $10.10 an hour beginning ...