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The federal minimum has held at $7.25 an hour since 2009, ... Meanwhile, the federal minimum wage of $7.25 an hour hasn't budged since 2009, and it remains the law in 20 states. Since then time ...
The current federal minimum wage is $7.25 per hour and has been since 2009. Florida's minimum wage rose to $12 an hour last year for non-tipped employees and $8.98 for tipped employees. The next ...
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.
The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5.19 in 2022). [78] [7] By 1950 the minimum wage had risen to 75¢ per hour. [82] [7] The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1.60 per hour.
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. [208] 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. [209]
The federal minimum wage has been stuck at $7.25 since 2009, not even close to the buying power it once brought workers — which peaked all the way back in the 1960s. ... 2009-2024. Minimum wage: ...
The Fair Minimum Wage Act of 2007 is the current federal minimum wage law of the United States. It was signed into law on May 25, 2007 [ 134 ] as a rider to the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007 .
The federal minimum wage has been $7.25 since 2009. Overall prices have gone up roughly 47% since then. ... The last federal minimum increase was in July 2009, from $6.55 to $7.25.