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The ordinance requires the wage to jump to $25 per hour on February 1, 2025, with steady increases to $30 per hour by July 1, 2028 — in time for the 2028 Summer Olympics hosted in Los Angeles.
Minimum wage employees in 22 states received a raise to start 2024 — the Lone Star State was not one of them. Here's how we compare Some states are raising minimum wage in 2024.
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]
The minimum wage in Los Angeles and Washington, D.C., will be $15.00 per hour in 2020. [57] [58] By July 1, 2021, the minimum wage in Chicago was $15.00, with Illinois eventually matching the rate statewide by 2025. [59] As of July 1, 2024, the minimum wage in Chicago is $16.20 per hour for non-tipped employees and $11.02 for tipped employees.
1956. Minimum wage: $1 In 2024 money: $11.29 On Mar. 1, 1956, the minimum wage was raised by one-third, just as it had been in 1945. For the first time in history, those entering the workforce ...
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.
A new city reports bolsters a proposal by some L.A. City Council members to raise the minimum wages of hotel and airport workers before the 2028 Olympics.
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1] [2] 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.