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The Florida Legislature is looking to boost the pay for a depleted state work force and for the third consecutive year has inserted a pay raise in a $116 billion state budget it will soon send to ...
Specifically, those who are employed in a state-funded job position as of June 30 will receive a 3% raise starting July 1, when the new fiscal year begins. State employees received a 4% raise in 2023.
2020 Florida Amendment 2 was an amendment to the Constitution of Florida that passed on November 3, 2020, via a statewide referendum concurrent with other elections. The amendment sets to increase the state's hourly minimum wage to $15 by 2026. According to Florida law, amendments to the state constitution requires 60% of the popular vote to ...
The U.S. central bank left its benchmark overnight interest rate unchanged in the 4.25%-4.50% range last month, having reduced it by 100 basis points since September, when it embarked on its ...
For 2018–19, the approved state budget is $88.7 billion, a 4.4% increase over the previous 2017–18 budget of $84.9 billion. Chief Executive Magazine named Florida the third "Best State for Business" in 2011. [18] In 2022, as job numbers continue to surge, Florida's unemployment rate dipped to 2.7 percent in July which hit historic low. [19]
Union affiliation by U.S. state (2023) [1] [2] Rank State Percent union members ... 3 Washington: 16.5 1.5% ... Florida: 4.7 0.2%: 442,000: 6.1
The most common raise is about 3%, according to Indeed. How much that's worth to you depends on your annual income. The typical full-time worker earned $1,165 per week in the third quarter of 2024 ...
The amendment caps the increase of the assessed value of a home with a homestead exemption to the lesser of 3% or the rate of inflation. This means that if an owner had a homestead exemption on a home valued at $100,000 in 1995, and the exemption was still valid in 2005, the most the home could be assessed at is approximately $126,000 [3] .