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The 1938 minimum wage law only applied to "employees engaged in interstate commerce or in the production of goods for interstate commerce," but in amendments in 1961 and 1966, the federal minimum wage was extended (with slightly different rates) to employees in large retail and service enterprises, local transportation and construction, state ...
Minimum wage increases in the past few years have helped Americans keep pace with annual inflation that reached a 40-year high of 9.1% in mid-2022 before gradually falling to 2.6% recently.
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. ... State minimum wage ...
Thanks to a voter referendum in November 2020, Florida’s $12 minimum wage will increase to $13 on Sept. 30 and will rise by $1 on the same date each year until 2026, when it reaches $15 an hour.
On November 3, 2020, 61% of Florida voters passed Amendment 2, which raises the minimum wage to $10.00 per hour effective September 30, 2021, and then increases it annually by $1.00 per hour until the minimum wage reaches $15.00 per hour in 2026 and then reverts to being adjusted annually for inflation.
This table is an exact duplicate of the Department of Labor source page ("Consolidated Minimum Wage Table"). So it may be out of date at times. See date on table at source. [7] 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 ...
With the increase, Washington continues to have the highest minimum wage of all states at $16.66, up 38 cents. Delaware will see the highest increase, from $13.25 to $15. Meanwhile, Minnesota has ...
Since then, it has been increasing, on average, every couple of years. The longest unchanged streak of the national minimum wage was between 1999 and 2003, when it was set at 5,000 AMD, and between 2015 and 2019 where it was set at 55,000 AMD. In November 2022, the national minimum wage was subject to the latest increase. It was set at 75,000 AMD.