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In August 2023, the BLS announced it would stop collecting data on workers' compensation, which provides medical care and wage replacement in exchange for the employee's right to sue their employer for negligence. While this benefit is required by most states, workers' compensation only costs employers an average of $0.46 per hour of an ...
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
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.
In the October report, the BLS estimated that 254,000 jobs were created in September, but that number could vary by as much as 130,000. The actual number of jobs added could be as high as nearly ...
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 ...
Thanks to a voter referendum in November 2020, Florida’s $12 minimum wage will increase to $13 on Sept. 30 and will rise by $1 on the same date each year until 2026, when it reaches $15 an hour.
The general wage increase is TBD after 2024, TBD after 2026 for seasonal wages, and will stop at $5.13 for tipped workers in 2022, and is TBD in 2025. [271] The minimum wage will increase in 2023 by an additional 13¢ in addition to its standard increases in pay rates due to an increase in the Consumer Price Index. [273]
As 2021 wraps up, a total of 26 states have announced raises in minimum wage in 2022, with 22 of those states implementing the increases on January 1. See: Here's What the US Minimum Wage Was the ...