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The minimum wage would be $13.46 in 2022 dollars if its real value had remained at the 1968 level. [79] [80] See chart to right. From January 1981 to April 1990, the minimum wage was frozen at $3.35 per hour, then a record-setting minimum wage freeze.
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.
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The federal minimum wage has been stuck at $7.25 since 2009, ... 1990. Minimum wage: $3.80 . In 2024 money: $8.93. When the increase finally did come nearly a decade after the last bump in 1981 ...
In July 2019, the U.S. House passed a bill that would raise the minimum wage to $15 per hour by 2025, which could increase the incomes of 17 milli on to 27 million minimum wage workers, according ...
Florida's minimum wage rose to $12 an hour last year for non-tipped employees and $8.98 for tipped employees. The next dollar bump will happen on Sept. 30, 2024.
By a vote of 382 to 37, the House of Representatives approved a revised bill that would increase the minimum wage to $3.80 per hour as of April 1990, and $4.25 per hour as of April 1, 1991. [59] The bill would allow a lower minimum wage for employees who are less than twenty years old. [59]
As of Sept. 30, 2024, the minimum wage in Florida is $13 per hour. That’s much more than the federal minimum wage, which is $7.25 per hour. But $13 an hour may not go very far when the cost of ...