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Public Act 368 of 2018 schedules possible minimum wage increases. There will be no increase in the minimum wage if the unemployment rate rises to or above 8.5% in the previous year. [253] Tipped workers must earn at least the standard Michigan minimum wage once tips are included in their wages.
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 1989, Senator Edward M. Kennedy introduced a bill to increase the minimum wage from $3.35 per hour to $4.55 per hour in stages. [48] Secretary of Labor Elizabeth Dole supported increasing the minimum wage to $4.25 per hour along with allowing a minimum wage of $3.35 an hour for new employees' first ninety days of employment for an employer. [48]
In 1938, President Franklin D. Roosevelt signed the Fair Labor Standards Act into law, which introduced the minimum wage at 25 cents per hour. It has increased some since then, but not much. While...
The federal minimum wage has remained stuck at $7.25 since 2009, the longest period without an increase since the Fair Labor Standards Act first established a minimum wage in 1938.
No wage increase July 1967 Unchanged Unchanged No wage increase October 1968 $1.35 $51.00 Increased to $1.35 December 1969 $1.39 $52.54 3% wage increase 1970 $1.47 $55.90 6% wage increase January 1971 Unchanged Unchanged No wage increase 5 May 1972 $2.00 $76.00 Increased to $2.00 15 Dec 1972 Unchanged Unchanged No wage increase 8 May 1973 $2.04
The Fair Minimum Wage Act of 2007 [3] is a US Act of Congress that amended the Fair Labor Standards Act of 1938 to gradually raise the federal minimum wage from $5.15 per hour to $7.25 per hour. It was signed into law on May 25, 2007 as part of the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations ...
With the U.S. minimum wage paying $7.25 an hour -- that amounts to $14,500 over the course of a full-time 2,000 work-hour year -- becoming a millionaire on a minimum-wage salary wouldn't be easy ...
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