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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.
Jobs that a minimum wage is most likely to directly affect are those that pay close to the minimum. According to the May 2006 National Occupational Employment and Wage Estimates, the four lowest-paid occupational sectors in May 2006 (when the federal minimum wage was $5.15 per hour) were the following: [343]
Protesters in New York City call for an increased minimum wage as part of the "Fight for $15" movement to require a US$15 per hour minimum wage, 2015. Minimum wage laws affect workers in most low-paid fields of employment [19] and have usually been judged against the criterion of reducing poverty. [103]
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.
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Two years later, Target announced that the minimum hourly wage would be increased to $11 by October 2017 and pledged to raise it to $15 (referred to as "living wage" by labor advocates) by 2020. [ 123 ] [ 124 ] By April 2019, the company announced that it was on track to meet this goal, increasing its minimum wage to $13 per hour. [ 125 ]