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On Jan. 1, 2025, the California state minimum wage, excluding fast food employers and certain healthcare facilities, will increase from $16 per hour to $16.50 for employers of all sizes.
The threshold will increase to the equivalent of an annual salary of $43,888, or $844 a week, starting July 1, and then to $58,656, or $1,128 a week, on January 1, 2025.
US state minimum wage rates. 2025. [12]State 2025 Alabama $7.25 [note 1] Alaska $11.91 Arizona $14.70 Arkansas $11.00 California $16.50 Colorado $14.81 Connecticut $16.35
Meanwhile, the workers’ compensation assessment rate for employers in 2025 will be 7.1% of the standard premium or premium equivalent – a 22% decrease from 2024 – which the Hochul ...
[163] [164] In 2016 New York and California became the first states to pass legislation that would gradually raise the minimum wage to $15 per hour in each state, [165] [166] followed by Massachusetts in 2018. [167] In April 2014, the U.S. Senate debated the minimum wage on the federal level by way of the Minimum Wage Fairness Act.
The New York State Legislature unanimously confirmed Benjamin M. Lawsky on May 24, 2011, as New York State's first Superintendent of Financial Services. [9] From May 24, 2011, until October 3, 2011, Lawsky also was appointed, and served as, Acting Superintendent of Banks for the former New York State Banking Department. [9]
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The most notable change to Social Security benefits in 2025 should be good news. ... recipients can expect a 2.5% increase in their monthly benefits beginning in January 2025. A 2.5% increase is ...