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A close second is California, which is raising its minimum to $16 from $15.50 on January 1. ... in Mississippi, where the minimum wage is just $7.25, a person would have to earn $15.30 an hour in ...
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 ...
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 ...
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]
Five states — including Alabama, South Carolina and Tennessee — do not have a minimum wage, though they are subject to the federal hourly minimum wage of $7.25. California's ballot measure, Proposition 32, would raise the state’s current minimum wage of $16 to $17 for the remainder of 2024 for employers with at least 26 employees ...
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.
Proposition 32, which would have raised California's minimum wage to $18 per hour, was narrowly beaten back as only 49.2% of voters supported the proposed hike. The current minimum wage in the ...
California: $16. As of Jan. 1, 2024, the state minimum wage in California is $16 per hour. However, employers in some industries or locations are subject to higher minimum wage requirements.