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According to the Economic Policy Institute, workers in 21 states got a raise on New Year’s Day in 2022. Minimum wage increases ranged from $0.22 to $1.50 an hour, adding between $458 and $3,120 ...
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.
Minimum wage increased to $8.75 on December 31, 2015. [313] The state minimum wage is applicable to employers of six or more employees at one location not involved in interstate commerce [1] and for tipped employees is 30% of the federal minimum wage. [200] Wisconsin: $7.25 [314] $2.33
As 2021 wraps up, a total of 26 states have announced raises in minimum wage in 2022, with 22 of those states implementing the increases on January 1. See: Here's What the US Minimum Wage Was the ...
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$15.00 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 238 ] [ 239 ] [ 240 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
A state's minimum wage is the lowest legal hourly rate that an employer can pay full-time or part-time employees. ... In 2022, the hourly minimum wage in Chicago is $15.40 for businesses with more ...
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 ...
The standard minimum wage in Arizona increased in January 2022. ... 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 ...