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On November 3, 2020, 61% of Florida voters passed Amendment 2, which raises the minimum wage to $10.00 per hour effective September 30, 2021, and then increases it annually by $1.00 per hour until the minimum wage reaches $15.00 per hour in 2026 and then reverts to being adjusted annually for inflation.
Most recently, in 2021, the Senate rejected a bid by Democrats to increase the federal minimum wage to $15 an hour by 2025 as part of President Biden’s $1.9 trillion stimulus plan.
Illinois will raise its minimum wage to $13 at the beginning of 2023, while tipped workers saw a bump to $7.80 from $7.20. In Chicago, there’s a separate minimum wage of $15.40 ($9.24 for tipped ...
The push to raise it has gone on for years because minimum wage workers stuck at $7.25 have lost substantial buying power. Had it just been adjusted for inflation since 2009, it would be $10.33 today.
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.
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. [173]
Wage increases lead to small price increases The study found that after the law went into effect prices saw a one-time increase of 3.7%, or about 15 cents for a $4 item.
A man who worked at five Domino's locations between 2014 and 2016, is suing the pizza chain for what he asserts are 'systemic wage violations.' Domino's sued again for allegedly paying workers ...