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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.
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
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.
Minimum wage: $5.15. In 2024 money: $9.85. The U.S. minimum wage finally broke the $5 mark for the first time in history in 1997. It would hold at $5.15 through the rest of the '90s and most of ...
Louisiana: None. There is no official state minimum wage in Louisiana, so the federal minimum wage of $7.25 is the default standard. Tipped workers make the federal tipped minimum wage, $2.13.
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. [2] Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by ...
The federal minimum wage is currently at $7.25, a number that has stayed the same since 2009. But even with no recent changes from the federal government, things appear to be moving in the right ...