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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.
California will have the highest minimum wage rate for any state at $15.50, up from $15 in 2022. It raised its minimum wage to $14 in 2021 from $13, the result of a law mandating incremental ...
The current minimum wage in California is $15.00 an hour for businesses with more than 25 employees. For companies with 25 employees or fewer, the minimum wage is $14.00.
[76] [77] [81] [82] The real value of the federal minimum wage in 2022 dollars has decreased by 46% since its inflation-adjusted peak in February 1968. The minimum wage would be $13.46 in 2022 dollars if its real value had remained at the 1968 level. [76] [77] See chart to right. From January 1981 to April 1990, the minimum wage was frozen at ...
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$16.66 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 231 ] [ 232 ] [ 233 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
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In California, the state minimum wage as of January 1, 2024 was $16 per hour. [6] [note 1] As of July 2024, California had the highest minimum wage of any state and was the highest in the country except for some part of New York (which also have a $16/hour minimum wage) and the District of Columbia (which has a minimum wage of $17.50/hour). [9]
According to the Economic Policy Institute, workers in 21 states got a raise on New Year’s Day in 2022. Minimum wage increases ranged from $0.22 to $1.50 an hour, adding between $458 and $3,120 ...