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Two years later, in May 2008, when the federal minimum wage was $5.85 per hour and was about to increase to $6.55 per hour in July, these same sectors were still the lowest-paying, but their situation (according to Bureau of Labor Statistics data) [344] was:
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.
Looking ahead: Kentucky’s minimum wage last jumped in 2009, the same year the federal minimum wage hit $7.25. Efforts by Lexington and Louisville to raise the minimum wage locally were shot down ...
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 ...
Although minimum wage is not nearly as low as it used to be, America still has a long way to go when it comes to compensating its workers.The federal minimum wage is currently at $7.25, a number ...
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 ...
A 2019 study in the Quarterly Journal of Economics found that minimum wage increases did not have an impact on the overall number of low-wage jobs in the five years subsequent to the wage increase. However, it did find disemployment in 'tradable' sectors, defined as those sectors most reliant on entry-level or low-skilled labor.
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 ...