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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. [4] 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. [5]
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.
None; The minimum wage of public sector is LE 6,000 (US$123.6) per month. The private sector (There are certain grace periods in certain industries such as tourism, retail, and clothing.) is LE 6,000 (US$123.6) per month. [88] 42 May 2024 El Salvador: The minimum wage was set by the government at US$304.17 monthly in 2018. [10] [18] [89] 3,650: ...
1939. Minimum wage: $0.30 In 2024 money: $6.63 The very next year, 24as the Depression was finally drawing to a close, the minimum wage was raised by a nickel an hour to $0.30, where it would ...
According to the Economic Policy Institute, workers in 21 states got a raise on New Year’s Day in 2022. Minimum wage increases ranged from $0.22 to $1.50 an hour, adding between $458 and $3,120 ...
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 ...
Employees Under 20 Years Old Effective Date New Minimum Wage The next year on January 1 $6.00 1 year later $7.75 2 years later $9.50 3 years later $11.25 4 years later $13.50 5 years later $13.00 6 years later $16.50 7 years later $17.00
In July 2019, the U.S. House passed a bill that would raise the minimum wage to $15 per hour by 2025, which could increase the incomes of 17 milli on to 27 million minimum wage workers, according ...