Search results
Results From The WOW.Com Content Network
Nearly half the states in the U.S. are set for minimum wage increases on Jan. 1, which will mean a pay hike for some 9.2 million workers, according to recent data. An analysis by The Economic ...
Other states with increases going into effect in 2025 are: Alaska's minimum is going to $11.91, up 18 cents, thanks to an inflation adjustment.Arizona workers will make a minimum of $14.70 come ...
Connecticut minimum wage. Connecticut’s minimum wage will increase on Jan. 1, 2025 from $15.69 per hour to $16.35 per hour. CT Gov. Ned Lamont signed Public Act 19-4 back in 2019, ...
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 general wage increase is TBD after 2024, TBD after 2026 for seasonal wages, and will stop at $5.13 for tipped workers in 2022, and is TBD in 2025. [272] The minimum wage will increase in 2023 by an additional 13¢ in addition to its standard increases in pay rates due to an increase in the Consumer Price Index. [274]
The federal minimum wage of $7.25 per hour applies to states with no set minimum wage, and to most workers in states with lower minimum wages. Specifically, those working for employers subject to the Fair Labor Standards Act. Special minimum wages apply to some workers in American Samoa. More info here. See List of US states by minimum wage.
Minimum wage increases in the past few years have helped Americans keep pace with annual inflation that reached a 40-year high of 9.1% in mid-2022 before gradually falling to 2.6% recently.
The beginning of 2024 brought good news to certain minimum wage workers, as 22 states and 38 cities and counties raised their own minimums above the federal minimum. As CBS News reported, the pay...