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Minimum wage increased to $8.75 on December 31, 2015. [312] The state minimum wage is applicable to employers of six or more employees at one location not involved in interstate commerce [1] and for tipped employees is 30% of the federal minimum wage. [199] Wisconsin: $7.25 [313] $2.33
The federal minimum wage is paid to a shrinking number of US workers – and a growing chorus of economists and employers agree it’s out of step with today’s reality. The US minimum wage has ...
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 Fair Minimum Wage Act of 2007 [3] is a US Act of Congress that amended the Fair Labor Standards Act of 1938 to gradually raise the federal minimum wage from $5.15 per hour to $7.25 per hour. It was signed into law on May 25, 2007 as part of the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations ...
Louisiana: None. There is no official state minimum wage in Louisiana, so the federal minimum wage of $7.25 is the default standard. Tipped workers make the federal tipped minimum wage, $2.13.
The federal minimum wage is currently at $7.25, a number that has stayed the same since 2009. Check Out: Why Buying Property in These Vacation Destinations Could Be a Great Investment
The Fair Minimum Wage Act of 2007 has set the minimum wage at $7.25 per hour since 2009. The real value of the federal minimum wage in 2022 dollars has decreased by 46% since its inflation-adjusted peak in February 1968.
The federal minimum wage has remained stuck at $7.25 since 2009, the longest period without an increase since the Fair Labor Standards Act first established a minimum wage in 1938.