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The Minimum Wage Fairness Act would amend the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to: (1) $8.20 an hour beginning on the first day of the sixth month after the enactment of this Act, (2) $9.15 an hour beginning one year after the date of such initial increase, (3) $10.10 an hour beginning ...
The federal minimum wage has been $7.25 an hour since 2009. That was 13 years ago. That’s the longest the minimum wage has remained stagnant since the Fair Labor Standards Act first set it at 25 ...
The first federal minimum wage was created as part of the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but declared unconstitutional. In 1938 the Fair Labor Standards Act established it at $0.25 an hour ($5.19 in 2022 dollars).
For anyone working a minimum wage job in this new year, they will be paid more in 22 states and in at least 40 cities and counties across the country than they were in 2023.
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, [327] with subsequent increases for all employees covered by the FLSA as follows: [328] $9.50 on July 1, 2023
The federal minimum wage has been $7.25 an hour since 2009. That was 13 years ago. That's the longest the minimum wage has remained stagnant since the Fair Labor Standards Act first set it at 25 ...
Missouri’s private-employer minimum wage increased to $12 from $11.15 at the beginning of 2023, while its tipped wage rose to $6 from $5.58. Tipped wages are set at 50% of the regular minimum wage.
2023 2024 [1] [5] [12] ... $5.15 (Employers subject to the Fair Labor Standards Act must pay the $7.25 federal minimum wage) Notes. This section breaks it down ...