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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.
Following the enactment of the Puerto Rico Minimum Wage Act (Law 47 of 2021) there will be a yearly increase of the minimum wage from $7.25 to $10.50 per hour by July 1, 2024. Minimum wage increased to $8.50 on January 1, 2022, [324] with subsequent increases for all employees covered by the FLSA as follows: [325] $9.50 on July 1, 2023
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]
Voters in California have rejected a ballot measure that would have raised the state minimum wage to $18 per hour by 2026, the highest in the country. ... 'Last Christmas' tops UK charts for 2nd ...
The minimum wage was last increased federally in 2009, which is easily the longest period without a raise in the federal minimum wage — 15 years — since the Fair Labor Standards Act was passed ...
Last month, Lee made headlines when she said she wanted to see the federal minimum wage hiked up to $50 an hour. This would amount to $104,000 per year of income. This would amount to $104,000 per ...
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 ...
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 ...