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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.
On Jan. 1, 2025, the California state minimum wage, excluding fast food employers and certain healthcare facilities, will increase from $16 per hour to $16.50 for employers of all sizes.
The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5.19 in 2022). [78] [7] By 1950 the minimum wage had risen to 75¢ per hour. [82] [7] The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1.60 per hour.
Meanwhile, the federal minimum wage of $7.25 an hour hasn't budged since 2009, and it remains the law in 20 states. ... up 35 cents, due to an inflation adjustment. California's minimum is going ...
Furthermore, a Harvard Business Review study found that, after an increase of $1 to the state minimum wage in California, employees saw “net losses of at least $1,590 per year per employee ...
In California, the state minimum wage as of January 1, 2024 was $16 per hour. [6] [note 1] As of July 2024, California had the highest minimum wage of any state and was the highest in the country except for some part of New York (which also have a $16/hour minimum wage) and the District of Columbia (which has a minimum wage of $17.50/hour). [9]
The federal minimum wage continues to sit at $7.25 an hour, a rate that hasn’t budged since 2009. As of now, 20 US states have a minimum wage at or below the federal level, with a handful ...
President Joe Biden and most Democrats have been calling for a drastic increase in the federal minimum wage, to $15 from $7.25. ... California will have the highest minimum wage rate for any state ...