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Workers in Washington state stand to earn the highest minimum wage in 2023 at $15.74 an hour, according to data from Wolters Kluwer Legal & Regulatory. ... Workers under 16 years old can be paid ...
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [ 45 ] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
Some cities in Washington have higher minimum wage rates than the state. The minimum wage in Seattle will increase from $18.69 per hour in 2023 to $19.97 in 2024.In SeaTac, the minimum wage will ...
Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a ... 1 July 2023 [29] $23.23 $882.80 1 July 2024 [30 ...
The federal minimum wage has been $7.25 an hour since 2009. That was 13 years ago. That's the longest the minimum wage has remained stagnant since the Fair Labor Standards Act first set it at 25 ...
Washington. Minimum salary needed to be happy: $121,485. ... GOBankingRates found each state’s September 2023 unemployment rate as sourced from the Bureau of Labor Statistics. All data was ...
In 1938 the Fair Labor Standards Act established it at $0.25 an hour ($5.19 in 2022 dollars). Its purchasing power peaked in 1968 at $1.60 ($13.46 in 2022 dollars). [1] The Fair Minimum Wage Act of 2007 has set the minimum wage at $7.25 per hour since 2009. The real value of the federal minimum wage in 2022 dollars has decreased by 46% since ...