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Minimum wage by state by year. In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws. [4] The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but later found to be unconstitutional. [5]
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 regular minimum wage and tipped minimum wage are the same in Nevada. Both will increase from $10.50 to $11.25 in July 2023. Interestingly, employers who provide health insurance are allowed to ...
Wyoming: $7.25. In Wyoming, the minimum cash wage payment is $7.25 per hour. For tipped employees who earn more than $30 in tips, the tip credit is $5.12 per hour, and the minimum cash wage is $2. ...
A heat map of the United States by living wage for a single, childless individual according to the MIT living wage calculator as of 2023 [39] $15-15.99 $16.00-16.99
The federal minimum wage in the US hasn’t changed from the hourly rate of $7.25 in over 14 years. But 22 states and 40 cities increased their own minimum wages to ring in the New Year.
Protesters in New York City call for an increased minimum wage as part of the "Fight for $15" movement to require a US$15 per hour minimum wage, 2015. Minimum wage laws affect workers in most low-paid fields of employment [19] and have usually been judged against the criterion of reducing poverty. [103]
Then, GOBankingRates used the Bureau of Labor Statistics’ CPI inflation calculator to find the federal minimum wage in 2024 dollars for all years. All data was collected on and up to date as of ...