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All of the states bordering Illinois have lower minimum wages and lower unemployment rates. Indiana, Iowa, Kentucky and Wisconsin have a $7.25 minimum wage. Missouri’s minimum wage is $12.30 per ...
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.
On Jan. 1st, 2023, the minimum wage in Illinois will increase to $13 an hour, with a tipped minimum wage of $7.80 an hour. This continues a trend of raising the state’s minimum wage by one ...
Country Minimum wage Annual (US$) Annual PPP ()Length of standard workweek (hours) Hourly (US$) Hourly (Intl$) % of 2011 GDP per capita Effective Afghanistan The Afghan workweek is actually 40 hours; 45 is used to give a different value for the normalized wage.
[34] [35] The Illinois legislature proposed a new set of income tax rates in Senate Bill 687, which was enacted shortly after the constitutional amendment was approved to be placed on the ballot. This legislation would take effect on January 1, 2021, if voters approve the constitutional amendment in November 2020.
Wages for people remaining in their jobs increased 4.8% year-on-year, the first rise in 25 months, after gaining 4.7% in October. Annual pay for workers changing jobs climbed 7.2% after.
[6] State level rates are calculated using various methods including an average of all wage rates paid, the mode, or based on collectively bargained rates. The H-1B visa program requires employers to "pay the prevailing wage or the actual wage paid by the employer to workers with similar skills and qualifications, whichever is higher". [7]
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