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Raising the minimum wage in Texas has its pros and cons. On the one hand, it would increase the cost of hiring workers and could burden small businesses , causing a possible growth in unemployment ...
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.
Minimum wage employees in 22 states received a raise to start 2024 — the Lone Star State was not one of them. Here's how we compare Some states are raising minimum wage in 2024.
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The earliest minimum wage laws in the United States were state laws focused on women and children. [25] These laws were struck down by the Supreme Court between 1923 and 1937. [25] The first federal minimum wage law, which exempted large parts of the workforce, was enacted in 1938 and set rates that became obsolete during World War II. [25]
[2] [3] US federal minimum wage if it had kept pace with the average worker's productivity. Also, the inflation-adjusted minimum wage. [4] The Fight for $15 is an American political movement advocating for the minimum wage to be raised to USD$15 per hour. The federal minimum wage was last set at $7.25 per hour in 2009.
The federal minimum wage is $7.25 per hour, but in many states it's higher. Unfortunately, Texas is not one of those states. The minimum wage there is $7.25 per hour. Though The Lone Star State is...
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.