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Florida’s previous $8.56 an hour minimum wage was brought up to $10 in 2021 and will increase by $1 every year on Sept. 30 until it reaches $15 in 2026. Florida was the first state in the South ...
The current hourly minimum wage rate is $10 per hour. The initiative to reach a $15 minimum wage is happening gradually, with a $1 per hour increase each year through 2026.
2020 Florida Amendment 2 was an amendment to the Constitution of Florida that passed on November 3, 2020, via a statewide referendum concurrent with other elections. The amendment sets to increase the state's hourly minimum wage to $15 by 2026. According to Florida law, amendments to the state constitution requires 60% of the popular vote to ...
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 ...
The wage will increase by $1 per hour yearly, until 2026 when the minimum wage for non-tipped positions will reach $15 per hour. [21] Florida has two cities in the top 25 cities in the U.S. with the highest average credit card debt, Miami and Tampa. [22] The poverty rate in Florida in 2018 was 14%, down from a peak of 17.1% in 2012. [23]
The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [ 45 ] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
Florida’s minimum wage will increase to $11 an hour on Friday, the second boost in a series of annual raises that will eventually bring it to $15 an hour.
Florida's minimum wage will be rising again this year.. That's per the amendment Floridians approved in 2020 to raise the wage incrementally, first from $8.65 to $10 in 2021 and then another ...