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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, [330] with subsequent increases for all employees covered by the FLSA as follows: [331] $9.50 on July 1, 2023
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.
The highest state minimum wage in 2024 will be Washington state, at $16.28, up from $15.74. A close second is California, which is raising its minimum to $16 from $15.50 on January 1.
The following states raised their minimum wage in 2021, either by legislation or ballot measure: ... 2023 and 2024, respectively. ... which raised its minimum wage to $21 per hour. They are even ...
For instance, the minimum wage in New York City is $16 an hour, $1 higher than in the state. As of 2022, about 1.23 million workers in the U.S. made at or below the federal minimum wage, according ...
State Minimum Wage Laws. Wage and Hour Division. United States Department of Labor. Click on states on that map to see exact minimum wage info by state. See bottom of page for District of Columbia and territories of the United States. Author: See file history for uploaders.
In 1938 the Fair Labor Standards Act established it at $0.25 an hour ($5.19 in 2022 dollars). Its purchasing power peaked in 1968 at $1.60 ($13.46 in 2022 dollars). [1] The Fair Minimum Wage Act of 2007 has set the minimum wage at $7.25 per hour since 2009. The real value of the federal minimum wage in 2022 dollars has decreased by 46% since ...
Plano has a cost of living above the national average, too (12.1% higher), but has the minimum U.S. national minimum wage of $7.25 per hour. Rounding out the bottom five are New Orleans ...
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