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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 ...
Donald Trump is shaking things up again. This time, he's talking about raising the federal minimum wage. During a Sunday interview with NBC, Trump called the current rate of $7.25 per hour a "very ...
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 ...
In 2021, a Congressional Budget Office report concluded that boosting the federal minimum wage to $15 an hour would raise incomes for millions of Americans and lift 900,000 people out of poverty ...
Workers across 21 states welcomed the new year by seeing their hourly minimum wages rise.. The federal minimum wage is $7.25 an hour, a rate that has remained unchanged since July 2009. During his ...
The highest state minimum wage in 2024 will be Washington state, at $16.28, up from $15.74. A close second is California, which is raising its minimum to $16 from $15.50 on January 1.
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1] [2] 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.
Over the weekend, President-elect Donald Trump said he'd consider raising the federal minimum wage, saying that the current rate of $7.25 per hour is a "very low number."