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Minimum wage employees in 22 states received a raise to start 2024 — the Lone Star State was not one of them. Here's how we compare Some states are raising minimum wage in 2024.
Additionally, Florida's minimum wage will increase by $1 to $13, effective Sept. 30, 2024. Nevada increases its minimum wage to $12 an hour from $11.25 on July 1.
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 ...
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 Raise the Wage Act of 2017, which was simultaneously introduced in the House of Representatives with 166 Democratic cosponsors, would raise the minimum wage to $9.25 per hour immediately, and then gradually increase it to $15 per hour by 2024, while simultaneously raising the minimum wage for tipped workers and phasing it out. [173]
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.
Tipped workers, who make $3.63, have not seen any recent increases. Looking ahead: More minimum wage increases are slated for coming years: $14 in 2024, and $15 in 2025. Smaller employers are on a ...
The minimum wage rates for both tipped and non-tipped employees will rise on Sept. 30, 2024, and will rise again in 2025 and 2026. Is the minimum wage in Florida $15? Not yet, but it will be in 2026.