Many of the minimum wage increases were effective on January 01, 2024. Some states have effective dates occurring at different months of the year. Check the chart to stay up to date on the hourly minimum wage in California. View upcoming minimum wage changes to be on top of future ...
This chart shows how the real minimum wage has been stagnant for yearsJeff Desjardins
Many states raise the minimum wage each year to adjust to a cost of living index, while others have raised the pay floor for delivery drivers and fast-food workers. Today, the federal minimum wage stands at $7.25, a rate that has remained the same for 15 years. This graphic shows the...
In China, minimum wage refers to the minimum monthly wage in Shanghai (as it is the highest figure). It was introduced in 1994 but was only implemented in March 2004. China does not set on minimum wage for the entire nation. Instead, each province, city or other administrative units sets...
Wyoming**$7.25 ($5.15 for employers not covered by the Fair Labor Standards Act) *These states do not have a state-mandated minimum wage. Instead, most employers must pay the federal minimum wage. **These states have a minimum wage of $5.15 for any employers who are not covered by the...
Minimum wage increases for 2020 are presented in bold text. As noted above, jurisdictions that will not see an increase in their minimum wage in 2020—unless determined at a later time during the year—generally are not included in the chart below. State Minimum Wage Maximum ...
(see chart above). For those job seekers, said Heidi Shierholz, an economist at the Economic Policy Institute, “This is the worst year, definitely since the early ’80s recession and very likely since the Great Depression,in large part due to the increase in the minimum wage increases in...
4.2 Regional 'bite' of the minimum wage My data on the level of statutory national MWs originates from the WSI Minimum Wage Database International, which is based on reports by the respective national statistical offices, and supplemented with information from various government agen- cies and ...
In addition to the above chart, employers may find the interactive map helpful in preparing for these wage and hour changes in the new year and in coming years. The map provides the minimum wage rate and applicable tip credits—in addition to employers’ minimum cash wage obligations—through ...
An individual who works minimum wage for a full year will make enough to live above the poverty line. However, if that individual is the sole provider for a family of four, then that individual is only earning 65% of the federal poverty guidelineaccording to research collectedby the UC Dav...