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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 ...
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 act implemented three increases to the federal minimum wage—from $5.15 an ...
Minimum wage rate is automatically adjusted annually based on the U.S. Consumer Price Index. Income from tips cannot offset an employee's pay rate while same minimum wage applied for both tipped and non-tipped employees. The state minimum wage for business with less than $110,000 in annual sales is $4.00. [1] [264] Nebraska: $13.50 [265] $2.13
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. ... 30 Ways Your Employer ...
Jacquelyn Martin/AP Last month, President Barack Obama included in his State of the Union address a plea to Congress to raise the hourly minimum wage to $10.10. Some people support the idea.
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 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.
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.