Search results
Results From The WOW.Com Content Network
Nearly half the states in the U.S. are set for minimum wage increases on Jan. 1, which will mean a pay hike for some 9.2 million workers, according to recent data. An analysis by The Economic ...
Millions of low-wage earners are getting a raise in 2025 as 21 states are slated to hike their minimum pay starting Jan. 1. State laws that index the minimum wage to inflation are behind 13 of the ...
Minimum wage increases in the past few years have helped Americans keep pace with annual inflation that reached a 40-year high of 9.1% in mid-2022 before gradually falling to 2.6% recently.
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.
NEW JERSEY - New Jersey’s statewide minimum wage will be raised by $0.36 to $15.49 per hour for most employees on Jan. 1, 2025.. JUMP TO: NEW YORK l CONNECTICUT The increase was part of a ...
Minimum wage by state by year. In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws. [4] The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but later found to be unconstitutional. [5]
Thanks to a voter referendum in November 2020, Florida’s $12 minimum wage will increase to $13 on Sept. 30 and will rise by $1 on the same date each year until 2026, when it reaches $15 an hour.
Two states — Georgia and Wyoming — have a minimum wage below $7.25 an hour, although they must all adhere to the federal minimum. The state with the highest minimum wage is Washington at $16. ...