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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.
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. Oregon's current minimum wage of ...
Looking ahead: Michigan’s minimum wage will rise incrementally to $12.05 in 2030 ($4.58 for tipped workers) — a much slower rate of increase than an original plan to raise it to $12 by 2022.
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.
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. [173]
In 1938 the Fair Labor Standards Act established it at $0.25 an hour ($5.19 in 2022 dollars). Its purchasing power peaked in 1968 at $1.60 ($13.46 in 2022 dollars). [1] The Fair Minimum Wage Act of 2007 has set the minimum wage at $7.25 per hour since 2009. The real value of the federal minimum wage in 2022 dollars has decreased by 46% since ...
The General Assembly’s Fair Wage Act of 2023 increased Maryland’s state minimum wage from $13.25 to $15 an hour on Jan. 1, 2024. Some counties in Maryland have higher minimum wages depending ...
This was the first legislature to be fully DFL-controlled since the 88th Minnesota Legislature in 2013–15. During the first session (2023), the body passed a number of major reforms to Minnesota law, including requiring paid leave, banning noncompete agreements, cannabis legalization, increased spending on infrastructure and environmental protection, modernizing the state's tax code ...