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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. It was signed into law on May 25, 2007 as part of the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations ...
In California, the minimum wage has been raised in stages since 2016, starting from a rate of $10 per hour, and will reach $15 per hour in 2022. [80] Several cities in California have already raised the minimum wage to $15 or more, including Berkeley, El Cerrito, Emeryville, Mountain View, San Francisco, San Jose, San Mateo, and Sunnyvale. [81]
Substantial increases in the minimum wage, together with broader coverage. The maintenance and extension of price controls to keep down the cost of living in the transition to a peacetime economy. A pragmatic approach towards drafting legislation eliminating wartime agencies and wartime controls, taking legal difficulties into account.
Johnson called on every business establishment in the nation to accept a stopgap "blanket code": a minimum wage of between 20 and 45 cents per hour, a maximum workweek of 35 to 45 hours, and the abolition of child labor. Johnson and Roosevelt contended that the "blanket code" would raise consumer purchasing power and increase employment.
The Raise the Wage Act of 2017, which was simultaneously introduced in the House of Representatives with 166 Democratic cosponsors, would raise the minimum wage to $9.25 per hour immediately, and then gradually increase it to $15 per hour by 2024, while simultaneously raising the minimum wage for tipped workers and phasing it out. [174]
Let me ask you about another aspect of the economy, sir, the minimum wage. The federal minimum wage has been $7.25 since 2009. There are 20 states that still have a federal minimum wage at $7.25 ...
In his State of the Union speech in 2012, he hinted at proposing legislation to raise minimum wage rate to $9.00/hr sometime during his next term. [208] In January 2014 he signed an executive order raising the minimum wage for federal "workers who are performing services or constructing buildings" to $10.10/hr and began garnering support for a ...
The purpose of these two 1980s-era programs was "so that there was no way you could 'double dip' into both a federal pension and Social Security," explains Jill Schlesinger, CBS News business analyst.