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The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$17. [ 3 ] [ 4 ] Versions of the bill have been introduced in each United States Congress since 2017.
The federal minimum has held at $7.25 an hour since 2009, but an increasing number of states are upping their base pay for workers. ... In Maine, the minimum wage will increase to $14.65, rising ...
At the time, raising the federal minimum wage to $15 an hour would have reduced the number of people in poverty by 900,000 and increased the pay of about 27 million workers, according to a ...
The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5.19 in 2022). [76] [5] By 1950 the minimum wage had risen to 75¢ per hour. [81] [5] The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1.60 per hour.
In the most recent election, Missouri voted to raise its minimum wage to $15 an hour by 2026, and Alaska voted to hike its minimum to $15 by mid-2027. The last federal minimum increase was in July ...
Raising the minimum wage is up for a vote in this election year. Not only has Democratic presidential nominee Kamala Harris said she wants to increase the federal minimum wage to at least $15 an ...
The push to raise it has gone on for years because minimum wage workers stuck at $7.25 have lost substantial buying power. Had it just been adjusted for inflation since 2009, it would be $10.33 today.
The Minimum Wage Fairness Act would amend the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to: (1) $8.20 an hour beginning on the first day of the sixth month after the enactment of this Act, (2) $9.15 an hour beginning one year after the date of such initial increase, (3) $10.10 an hour beginning ...