Search results
Results From The WOW.Com Content Network
Minimum wage by state by year. In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws. [4] The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but later found to be unconstitutional. [5]
Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation.
Minimum wage laws receive less support from economists than from the general public. Despite decades of experience and economic research, debates about the costs and benefits of minimum wages continue today. [19] Various groups have great ideological, political, financial, and emotional investments in issues surrounding minimum wage laws.
Alabama. The US Department of Labor says there is “no state minimum wage law.” However, employers subject to the “Fair Labor Standard Act” must pay the current federal minimum wage of $7. ...
1938. Minimum wage: $0.25 In 2024 money: $5.44 The original minimum wage was a quarter an hour. If that sounds terrible, that's because it was. That kind of pay provided less than two-thirds of ...
The federal minimum wage has remained stuck at $7.25 since 2009, the longest period without an increase since the Fair Labor Standards Act first established a minimum wage in 1938.
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.
If the state minimum wage is below the federal minimum wage, the federal law supersedes the state wage. An additional 13 states have their state minimum wage set at the federal minimum wage of $7. ...