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Sen. James J. Davis (R-PA) and Rep. Robert L. Bacon (R–NY-1), the co-sponsors of the Davis–Bacon Act. The Davis–Bacon Act of 1931 is a United States federal law that establishes the requirement for paying the local prevailing wages on public works projects for laborers and mechanics.
The United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada, commonly known as the United Association (UA), is a labor union which represents workers in the plumbing and pipefitting industries in the United States and Canada.
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.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Average mortgage rates increase higher as of Tuesday, January 14, 2025, pushing the 30-year fixed benchmark to its highest levels since May following last week's stronger-than-expected jobs report.
Traders boosted bets that the U.S. central bank will cut interest rates this month, now signaling a more than 85% chance of a 0.25-percentage-point rate cut at the Fed's upcoming Dec. 17-18 ...
[6] State level rates are calculated using various methods including an average of all wage rates paid, the mode, or based on collectively bargained rates. The H-1B visa program requires employers to "pay the prevailing wage or the actual wage paid by the employer to workers with similar skills and qualifications, whichever is higher". [7]
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$15.00 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 238 ] [ 239 ] [ 240 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.