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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.
Most countries operate minimum wage systems, which set a minimum rate of pay for hourly employees. As of October 2023, France has the highest hourly minimum wage at $13.80 per hour. [1] The United States has a comparatively low minimum wage for hourly workers at $7.25 per hour. Unusually, this rate does not apply to tipped employees, who are ...
Following the enactment of the Puerto Rico Minimum Wage Act (Law 47 of 2021) there will be a yearly increase of the minimum wage from $7.25 to $10.50 per hour by July 1, 2024. Minimum wage increased to $8.50 on January 1, 2022, [329] with subsequent increases for all employees covered by the FLSA as follows: [330] $9.50 on July 1, 2023
Consider minimum wage workers living in the Golden State: They make $16 per hour, which is the third-highest minimum wage in the country (second place goes to Washington at $16.28 and first place ...
Wage growth vs. inflation: The average salary grew by 5.4%, while there was a gain of 3.2% in the Consumer Price Index for All Urban Consumers. U.S. average salary by age
The U.S. has a federally mandated minimum wage of $7.25 per hour. That number has not increased since 2009, although the U.S. has seen year-over-year inflation of 2.58% since that time.
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