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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.
Looking ahead: Indiana’s minimum-wage workers haven’t seen an increase since 2009, when the federal minimum wage hit $7.25. Though some lawmakers recently backed an increase to $10 by 2022 and ...
In Indiana, the minimum cash wage is $7.25. For tipped employees who earn more than $30 in tips, the tip credit is $5.12 per hour, and the minimum cash wage is $2.13 per hour.
Indiana, Iowa, Kentucky and Wisconsin have a $7.25 minimum wage. Missouri’s minimum wage is $12.30 per hour. The unemployment rate in Kentucky is 5.1%. Indiana is at 4.4%, Missouri at 3.7%, and ...
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]
Click on states on that map to see exact minimum wage info by state. ... Indiana 7.25 Iowa 7.25 Kansas 7.25 Kentucky 7.25 Louisiana 7.25 Maine 14.15 Maryland
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 ...
In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.