states with a minimum wage higher than the federal level. According to the article, this is due to the federal minimum wage increase that added $2.10 per hour to the previous $5.15 per hour rate. Enacted on May 25, 2007 and will be fully implemented by September 2009, the wage increase...
Minimum Wage Requirements Rise in 13 StatesOn January 1, minimum hourly wages increased in 13 states, bringing the total number of states with higher minimum wages than required by the federal government to 21.FSR magazine
When a state’s minimum wage exceeds the federal minimum, employers must pay the higher wage. For instance, Arkansas has set its minimum wage at $11 per hour for 2025. Arkansas employers must pay at least this amount because it surpasses the federal minimum of $7.25 per hour. If you’re...
In particular, I examine whether states with minimum wages higher than the federal minimum wage fared better or worse during the recession that began December 2007. Since minimum wages raise the price of labor above market price, firms subject to this additional cost might experience greater ...
With the largest planned increase nationally, Hawaii is raising its minimum wage to $18 an hour by 2028. Currently, the minimum wage stands at $14 an hour in the Aloha State. As we can see, many of the top states have minimum wages that are more than double the federal minimum wage,...
President Joe Biden has called for the federal minimum wage to be raised to $15; it is currently at $7.25 and hasn’t changed since 2009. Twenty states carry the federal minimum wage, with varying standard pay much lower than that for tipped workers. Twenty-five states are raising...
By contrast, workers in 20 states will still be subject to the federal minimum wage, which hasstood at $7.25an hour since 2009, when it was last increased. Raising the minimum wage could benefit low-wage workers at a time when many continue to struggle with higher costs due to inflati...
roughly 30 stateshave increased their minimum wages to levels higher than the federal minimum. Workers in the remaining states—a majority of which are concentrated in the South and Midwest—may even earn less than the federal minimum. The federal minimum wage for tipped employees is stillonly $...
with minimum wages for most workers set on a federal and state level. That means that the minimum wage in a state can be higher than the amount agreed at a federal level, but in effect, it can not be below this threshold. Knowing the minimum wage for the state you intend to move to...
If the federal minimum wage had been indexed for inflation, it would now stand at $10.61 per hour. The four other battleground states have lifted their hourly minimum wage to about that level, or even higher: Arizona: $14.35 an hour Michigan: $10.33 an hour Nebraska: $12 an...