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The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [43] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
US map of US hourly minimum wages by ... (Employers subject to the Fair Labor Standards Act must pay the $7.25 federal minimum wage) Hawaii: $10.10 $12.00 $14.00
The federal minimum wage in the US hasn’t changed from the hourly rate of $7.25 in over 14 years. But 22 states and 40 cities increased their own minimum wages to ring in the New Year.
The United States has a comparatively low minimum wage for hourly workers at $7.25 per hour. Unusually, this rate does not apply to tipped employees, who are only entitled to an hourly wage of $2.13, which contributes to a strong tipping culture in the country. [2] [3] As a tipped employee, wages plus tips must equal the standard minimum wage ...
In 2016, California became the first state to pass a $15 hourly minimum wage under a law signed by then-Gov. Jerry Brown, also a Democrat. About 40 cities and counties already have minimum wages ...
Bank of America is raising its minimum wage to $24 per hour, getting a step closer to the company’s goal of increasing it to $25 per hour by 2025, the U.S. lender announced on Tuesday. The bank ...
Minimum wage rates vary greatly across many different jurisdictions, not only in setting a particular amount of money—for example $7.25 per hour ($14,500 per year) under certain US state laws (or $2.13 for employees who receive tips, which is known as the tipped minimum wage), $16.28 per hour in the U.S. state of Washington, [29] or £11.44 ...
It takes 4.38 minimum wage workers to comfortably pay for a one-bedroom apartment, since it costs 131% of one worker’s salary to pay rent. Kruck20/istockphoto 2.