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Michigan: The minimum wage will increase from its current $9.87 to $10.10 on Jan. 1, 2023. Nevada: The minimum wage will increase from its current $10.50 to $11.25 on Jan. 1, 2023. Delaware: The ...
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
The minimum wage in Virginia increased from $11.00 to $12.00 on January 1, 2023. [307] Future minimum wage increases pending Virginia General Assembly enactment: January 1, 2025: $13.50; January 1, 2026: $15.00; By October 1, 2026, the minimum wage will be tied to yearly inflation.
Republican Gov. Glenn Youngkin vetoed bills that would have increased the minimum wage in Virginia to $15 per hour by 2026. What's next for wages?
Virginia: $7.25 to $9.50 ... 2023 and 2024, respectively. And that is not the only caveat to state minimum wage laws. Michigan was set to increase its state minimum wage to $9.87 on Jan. 1, 2021. ...
Virginia Democrats began an effort to increase the minimum wage in 2020. They passed legislation that year — which took effect with a delay due to the coronavirus pandemic — establishing incremental increases up to $12, with further bumps requiring another Assembly vote.
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1][2] The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$15. [3][4] It has been introduced in each United States Congress since 2017.
For anyone working a minimum wage job in this new year, they will be paid more in 22 states and in at least 40 cities and counties across the country than they were in 2023.