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Millions of low-wage earners are getting a raise in 2025 as 21 states are slated to hike their minimum pay starting Jan. 1. ... Ohio's minimum pay is increasing to $10.70 from $10.45 due to an ...
Ohio's minimum wage will increase from $10.45 per hour to $10.70 per hour starting Jan. 1, 2025. Tipped employee's minimum wage will increase from $5.25 per hour to $5.35 per hour, according to ...
For employees at companies with annual gross receipts of $394,000 or less per year after Jan. 1, 2025, and for 14- and 15-year-olds, the state's minimum wage is $7.25 per hour, which requires an ...
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.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
For the year 2008, ODJFS sought federal help concerning Ohio's unemployment insurance trust fund. State officials had stated that the fund was in danger of running out before the end of the year. [9] On December 5, 2008, ODJFS announced that extended unemployment benefit payments will start the week of December 22, 2008. [10]
Nearly half the states in the U.S. are raising their minimum wages in 2025, ... In 2025, the minimum wage for other workers in the state will be raised to $16.50.
In 2006, voters approved a constitutional amendment that ties Ohio's minimum wage to inflation. That means the 2024 state minimum wage for non-tipped workers is $10.45 an hour and for tipped ...