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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. ... Grubhub and ...
A 2018 University of Washington study which investigated the effects of Seattle's minimum wage increases (from $9.50 to $11 in 2015 and then to $13 in 2016) found that while the second wage increase caused hourly wages to grow by 3%, it also caused employers to cut employee hours by 6%, yielding an average decrease of $74 earned per month per ...
The minimum wage for minors, workers under 18, will be $10.61 an hour, 85% of the standard minimum wage. From Jan. 1, 2025, to Feb. 20, 2025, the minimum wage will be $10.56 an hour, and the ...
History of the US federal minimum wage. Lower line is nominal dollars.Top line is inflation-adjusted. [1] [2]The Fair Minimum Wage Act of 2007 [3] is a US Act of Congress that amended the Fair Labor Standards Act of 1938 to gradually raise the federal minimum wage from $5.15 per hour to $7.25 per hour.
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 international support for a minimum wage increase could help push along a decade-long fight to increase it. The federal minimum wage has been at $7.25 since 2009.
Because minimum wages increase the cost ... The authors of the 2000 study also reweighted data from a 1990 sample to show that at that time 62% of academic economists ...
A study by the Congressional Budget Office found that gradually upping the federal minimum wage to $15 by 2025 would increase the wages for 17 million workers, but another 1.3 million workers ...