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That's the national minimum wage set by the Fair Labor Standards Act as of July 24, 2009. If you add up the numbers, 50 weeks of 40-hour workweeks at the minimum wage comes to.
Democratic nominee Joe Biden repeated his campaign pledge to raise the minimum wage from its current $7.25 to $15. Increasing the minimum wage would help — not hurt — the economy Skip to main ...
While it might have made for a decent photo-op, Donald Trump’s visit to McDonald's highlights a glaring weakness that the Harris campaign should exploit: his stance on the minimum wage.
For example, they look at the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In addition to their own findings, they reanalyzed earlier studies with updated data, generally finding that the older results of a negative employment effect did not hold ...
Seattle's minimum wage for large employers was raised to $15.45 in 2018 and $16 in 2019. Studies of Seattle's workforce have shown no decline in employment and tangible benefits for workers. [76] The Fight for $15 movement has succeeded in several states and cities in raising the minimum wage to $15 or more per hour.
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1] [2] The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$17. [3] [4] Versions of the bill have been introduced in each United States Congress since 2017.
The federal minimum has held at $7.25 an hour since 2009, but an increasing number of states are upping their base pay for workers. More than 9 million workers are getting a raise on Jan. 1. Here ...
The Raise the Wage Act of 2017, which was simultaneously introduced in the House of Representatives with 166 Democratic cosponsors, would raise the minimum wage to $9.25 per hour immediately, and then gradually increase it to $15 per hour by 2024, while simultaneously raising the minimum wage for tipped workers and phasing it out. [174]