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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.
In California, the state minimum wage as of January 1, 2024 was $16 per hour. [6] [note 1] As of July 2024, California had the highest minimum wage of any state and was the highest in the country except for some part of New York (which also have a $16/hour minimum wage) and the District of Columbia (which has a minimum wage of $17.50/hour). [9]
Effective January 1, 2025, the minimum wage increased to $15.01 and the tipped minimum wage increased to $7.01. In future years, the state minimum wage will be indexed to increase with inflation. Virginia: $12.41 [308] $2.13 The minimum wage in Virginia increased from $11.00 to $12.00 on January 1, 2023. [308]
Defining what it takes to be part of the American upper class in 2025 is a combination of various factors, including individual salary, overall wealth, household income and more. ... that minimum ...
[2] [3] US federal minimum wage if it had kept pace with the average worker's productivity. Also, the inflation-adjusted minimum wage. [4] The Fight for $15 is an American political movement advocating for the minimum wage to be raised to USD$15 per hour. The federal minimum wage was last set at $7.25 per hour in 2009.
A "beef entree" now costs 14.4 percent more in San Francisco than it did before the wage hike. A large soda costs 11.1 percent more, chips are 10.3 percent more expensive, and even the price of ...
For 2025, the Social Security wage base — the cap on earnings subject to Social Security tax — will rise to $176,100, meaning only income up to that amount is taxed for Social Security.
The One Fair Wage campaigns to improve tipped wage laws by advocating for higher wages in a number of states including Washington, D.C. [2] California and six other states already have One Fair Wage. [ 3 ] [ 4 ] One Fair Wage, chaired by Alicia Renee Farris, is trying to raise the minimum wage in Michigan to $12 an hour by 2022, and to $12 an ...