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The result is Michigan was left with a $9.65 minimum wage, but the $9.87 rate is set to once again take effect in 2022. ... Several large companies increased their minimum wages in 2021 to ...
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.
Although the federal minimum wage hasn't changed in more than 10 years, smaller-scale changes have persisted throughout this year. Whether it's cities, states or major employers, there has been ...
California will have the highest minimum wage rate for any state at $15.50, up from $15 in 2022. It raised its minimum wage to $14 in 2021 from $13, the result of a law mandating incremental ...
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$16.66 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 236 ] [ 237 ] [ 238 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
Puerto Rico also has minimum wage rates that vary according to the industry. These rates range from a minimum of $5.08 to $7.25 per hour. Following the enactment of the Puerto Rico Minimum Wage Act (Law 47 of 2021) there will be a yearly increase of the minimum wage from $7.25 to $10.50 per hour by July 1, 2024.
The federal minimum wage in the US hasn’t changed from the hourly rate of $7.25 in over 14 years. But 22 states and 40 cities increased their own minimum wages to ring in the New Year.
Minimum wage rates vary greatly across many different jurisdictions, not only in setting a particular amount of money—for example $7.25 per hour ($14,500 per year) under certain US state laws (or $2.13 for employees who receive tips, which is known as the tipped minimum wage), $16.28 per hour in the U.S. state of Washington, [29] or £11.44 ...