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Workers below new Minimum Wage that could see wage increase (millions) 1.5 5 17 Workers above new Minimum Wage that could see wage increase (millions) 2 6 10 Change in employment in an average week (millions) −0.05 −0.3 Median / 0 to −0.8 range −1.3 Median / 0 to −3.7 range Change in the number of people in poverty (millions) −0.05
Looking ahead: Indiana’s minimum-wage workers haven’t seen an increase since 2009, when the federal minimum wage hit $7.25. Though some lawmakers recently backed an increase to $10 by 2022 and ...
The push to raise it has gone on for years because minimum wage workers stuck at $7.25 have lost substantial buying power. Had it just been adjusted for inflation since 2009, it would be $10.33 today.
The effective nationwide minimum wage (the wage that the average minimum-wage worker earns) was $11.80 in May 2019; this was the highest it had been since at least 1994, the earliest year for which effective-minimum-wage data are available.
Cost of a basic but decent life for a family [1] [2]. A living wage is defined as the minimum income necessary for a worker to meet their basic needs. [3] This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity.
California fast food workers hold a rally as they celebrate their minimum wage increase to $20 an hour during an event in Los Angeles, California, U.S., April 5, 2024.
Workers across 21 states welcomed the new year by seeing their hourly minimum wages rise. The federal minimum wage is $7.25 an hour, a rate that has remained unchanged since July 2009.
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.