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The minimum wage in New Jersey is $15.13 per hour for most workers, effective January 1, 2024. New Jersey has a history of gradually increasing its minimum wage to ensure fair compensation for ...
Starting on Jan. 1, 2024, minimum wage will increase by $1 bringing it up to $15.13 per hour for most employees. Additionally, wages will increase for: Seasonal and small employees to $13.73 per ...
The current federal minimum wage is $7.25 per hour and has been since 2009. What will Florida's minimum wage be in 2024? Florida's minimum wage will become $13 an hour for non-tipped employees and ...
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.
In New Jersey, the minimum wage will reach $15 per hour in 2024. [85] In March 2019, both Maryland and Illinois have explicitly passed laws or statutes on the process of "gradually increases over several years" raising their state minimum wage to at least $15 per hour. [5] In May 2019, Connecticut passed a $15 per hour law.
The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5.19 in 2022). [77] [7] By 1950 the minimum wage had risen to 75¢ per hour. [81] [7] The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1.60 per hour.
Thanks to a voter referendum in November 2020, Florida’s $12 minimum wage will increase to $13 on Sept. 30 and will rise by $1 on the same date each year until 2026, when it reaches $15 an hour ...
Murphy touted the 2024 increase, which will boost wages above the $15 an hour milestone. But inflation has eroded some of the gains. NJ's minimum wage will rise on Jan. 1 - but not for everyone.