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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.
Click on states on that map to see exact minimum wage info by state. ... Wyoming 7.25 Washington D.C. 17.50 ... State minimum wages, in dollars. Sept. 30, 2024: Image ...
Looking ahead: Wyoming’s minimum wage jumped from a meager $1.60 to $5.15 in 2001, ... An effort to gradually bump up the minimum wage to $9.75 in 2024 stagnated in the state legislature.
Additionally, Florida's minimum wage will increase by $1 to $13, effective Sept. 30, 2024. Nevada increases its minimum wage to $12 an hour from $11.25 on July 1.
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]
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.
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [ 2 ] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.
In 1938, President Franklin D. Roosevelt signed the Fair Labor Standards Act into law, which introduced the minimum wage at 25 cents per hour. It has increased some since then, but not much. While...