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Minimum wage by state by year. In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws. [4] The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but later found to be unconstitutional. [5]
New Zealand was the first country to implement a national minimum wage, enacted by its government through the Industrial Conciliation and Arbitration Act 1894. [6] Current minimum wage law is described in the Minimum Wage Act 1983. The Minimum Wage (New Entrants) Amendment Act 2007 provided that the rates for 16- to 17-year-olds and those in ...
Today, the Fair Labor Standards Act of 1938 aims to create a national minimum wage, and a voice at work, especially through collective bargaining should achieve fair wages. A growing body of law also regulates executive pay , although a system of " maximum wage " regulation, for instance by the former Stabilization Act of 1942 , is not ...
Act Now. Depending on where you live, wage increases may stretch further for some Americans than others, ... (12.1% higher), but has the minimum U.S. national minimum wage of $7.25 per hour ...
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.
AB 1228 went into effect in the Golden State April 1, setting a $20 per hour minimum wage for those working at fast food restaurants with less than 60 locations nationwide and restaurants located ...
National Minimum Wage. Add languages. Add links. Article; ... Download as PDF; Printable version; ... Redirect page. Redirect to: National Minimum Wage Act 1998;
The South Korean government enacted the Minimum Wage Act on December 31, 1986. The Minimum Wage System began on January 1, 1988. At this time the economy was booming, [195] and the minimum wage set by the government was less than 30 percent of that of real workers. The Minister of Employment and Labor in Korea asks the Minimum Wage Commission ...