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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.
The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5.19 in 2022). [76] [5] By 1950 the minimum wage had risen to 75¢ per hour. [81] [5] The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1.60 per hour.
President Joe Biden and most Democrats have been calling for a drastic increase in the federal minimum wage, to $15 from $7.25. ... Workers will get yearly 75-cent raises until July 2024, bringing ...
File:Blank USA, w territories.svg; data from w:Minimum wage in the United States#Legislation. See also: State Minimum Wage Laws. U.S. Department of Labor. Click on states on that map to see exact minimum wage info by state. See bottom of page for District of Columbia and U.S. territories. Author: User:DemonDays64, shape by User:Heitordp: Permission
The General Assembly’s Fair Wage Act of 2023 increased Maryland’s state minimum wage from $13.25 to $15 an hour on Jan. 1, 2024. Some counties in Maryland have higher minimum wages depending ...
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As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$16.66 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 236 ] [ 237 ] [ 238 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
50. Hawaii. 2024 average home value: $967,270 20% down payment: $193,454 Loan amount: $773,816.01 Monthly mortgage: $5,055.01 Annual mortgage: $60,660.18 Minimum salary needed to comfortably ...