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(The Center Square) – Some Arizona workers will see a slight pay raise this year. The state’s minimum wage will go from $14.35 to $14.70 an hour, as Arizona law requires it to be based on how ...
By law, Arizona's minimum wage now is pegged to inflation. The current minimum is $12.80 an hour. That will rise to $13.85 an hour, an increase of $1.05, starting Jan. 1.
On the first day of 2022, the minimum wage in Arizona increased by 65 cents to $12.80 per hour. Overtime wages, to be paid for any hours worked over the standard 40-hour work week, are set at a ...
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.
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
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The wage curve [1] is the negative relationship between the levels of unemployment and wages that arises when these variables are expressed in local terms. According to David Blanchflower and Andrew Oswald (1994, p. 5), the wage curve summarizes the fact that "A worker who is employed in an area of high unemployment earns less than an identical individual who works in a region with low ...
As in most states, high salaries and low living costs don’t always go hand-in-hand in Arizona. Places with the lowest costs of living – such as San Luis, Douglas, Nogales and Flowing Wells ...