Minimum wage in us 2024. Understand global trends for workers and businesses.
Minimum wage in us 2024. 25 USD/Hour in 2025 from 7. 25 per hour up to $16. Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. This is a list of the official minimum wage rates of the 50 U. Feb 3, 2025 · Federal minimum wage laws and provisions apply to all employees working in the U. 50 in Washington, D. 7 billion. However, individual states have the power May 31, 2024 · However, many states have separate minimum wage laws. Here's your complete guide to the 2025 minimum wage rates by state. Minimum wage Attention: 2025 has Minimum Wage Updates across 20+ States Effective January 1st, 2025. Dec 5, 2024 · The first map above show the differences between the current minimum wage rate by state in 2024 with the inflation adjusted original Federal Minimum Wage of 25¢ per hour, equivalent to $5. By Jan. 30 Jan 1, 2025 · Graph and download economic data for Federal Minimum Wage Rate under the Federal Fair Labor Standards Act (STTMINWGFG) from 1968 to 2025 about minimum wage, federal, labor, wages, rate, and USA. The state minimum wage applies to workers age 16 and older. The data are obtained from the Current Population Survey (CPS), a national monthly survey of approximately 60,000 eligible households. [2] The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. 10 to $10. If this sounds a bit confusing, don’t worry — our comprehensive guide on minimum wage by state will help you understand and track relevant minimum wage regulations. 25 U. Find out where people are earning more per hour in 2024. State and local jurisdictions have a right to establish their own wage laws separate from the federal minimum wage, making the location where work is performed a key element of labor and employment law. 25 Since June 2025, the national minimum wage in United States remained fixed at €1,108. If we look at the minimum salary in United States dollars, which is the official currency in United States, we can see that, this year, it was 1,257 United States dollars and accordingly, the national minimum wage has May 24, 2017 · Think the $15 minimum wage is just a New York and California thing? Cost of living data from the Economic Policy Institute shows that in all fifty states—in both rural and urban areas—$15 an hour is the minimum wage that a single adult working full-time will need by 2024 to cover basic living expenses—including rent, food, transportation, health care, and taxes. See the minimum wage in each state for 2025 in the US as well as increases in minimum wage as well as proposed changes. You can find a list of highest and lowest minimum wage rates here. 66 per hour in 2025. Economic Policy Institute, State of Working America Data Library, "Minimum wage - Real minimum wage (2024$)," 2025. Feb 19, 2024 · As of February 19, 2024, Shanghai has the highest monthly minimum wage among 31 provinces (RMB 2,690 or about US$370 per month), and Beijing has the highest hourly minimum wage (RMB 26. The benefits of a $15 minimum wage in 2024 for workers, their families, and their communities far outweigh the potential costs. 74 (~₹1,301), followed by California with $15. must raise its federal minimum wage, and she labeled the current mininum wage of $7. 25 applies. Jul 24, 2024 · According to the 2024 guidelines, a full-time employee earning the federal minimum wage of $15,080 per year makes just $20 more than the poverty guideline for a one-person household. Many states exclude very small businesses, such as those with fewer than five employees or those with gross annual revenue below a specified threshold. This translates to 23 percent of the US workforce, or nearly one in four workers in the US. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7. , its territories, and its possessions. Minimum-Wage. Note: There are multiple states that have scheduled annual adjustments for their minimum wages based on varying formulas. Many states also have minimum wage laws. Click any state for details about the minimum wage, exemptions, and other state labor laws. In the United States, the federal government sets a minimum wage of $7. Jan 2, 2024 · Currently, 20 states use the federal minimum wage rate of $7. It directly impacts both operational costs for employers and the financial well-being of employees. 00 10 or fewer employees $15. A result of underpaid workers organizing for the past decade. 93 (approximately USD $14. In 2023, 80. Nov 6, 2024 · Voters in Missouri have approved a proposal to raise the state's minimum wage to $15 an hour, while an identical measure in Alaska appears poised to pass and a bid to raise California's minimum Jan 1, 2024 · 2024 Minimum Wage Rates The chart below lists the most up-to-date minimum wage rate per state. But is that really enough to live on? Apr 1, 2025 · Explore the 2025 state-by-state minimum wage increases across the US, highlighting key reforms and their impact. Minimum wage ballot measures in 2024: One ballot measure concerning the minimum wage will be on the 2024 ballot in California. 66 in Washington; $16. 1, 2024, to $10. Apr 9, 2024 · Here's where workers earn the highest minimum wage in America as 22 states implement wage increases in 2024. 95 per hour for all workers, regardless of the size of the employer. Jul 9, 2024 · The Crisis of Low Wages: Who earns less than $17 an hour in the U. Jan 2, 2024 · The national minimum wage is to be adjusted again in January next year. 25 (~₹599) per hour. Other states and the District of Columbia set minimum wages higher than the federal amount; the Washington, D. 75 an hour for tipped workers, as long as their tips bring them up to at least $15 an hour. Federal minimum wage rate as of f, 2025 is $7. states, whereas 20 still adhere to the stagnant federal minimum wage of $7. Among those paid by the hour, 81,000 workers earned exactly the prevailing federal minimum wage of $7. Apr 3, 2025 · The federally mandated minimum wage in the United States is 7. Explore key US minimum wage laws, state-specific regulations, and the highest-paying states in 2024. The federal minimum wages in USA is $7. 3) The minimum wage applies only to employers with six or more employees. The measure would increase the minimum wage to $18 per hour by 2026. , New York State at $15 and New York City at $16 While the nationwide Federal minimum wage rate is $7. 25 per hour, a rate that has remained unchanged since 2009. 25, it’s key to understand the exact wage requirements of the state (s) where you operate. 25 since 2009, but many states and cities have higher minimum wages. 83). Everything you need to know about minimum wage in the U. Jan 2, 2025 · The federal minimum wage is $7. The Raise the Wage Act would increase the federal minimum wage to 15 an hour by 2024 To learn more visit nelp Hourly Living Wage in 2024 Fifty This measure extends Apr 18, 2024 · Fast facts The federal minimum wage has been $7. Dec 26, 2023 · Millions of workers across 22 states will see a pay raise starting January 1, 2024 as minimum wage rates increase. 50/hour. 25 per hour. Forty-five states 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. In addition, business operating in specific cities have additional City Minimum Wage Updates, and are also required to post updated City Labor Law Posters to reflect minimum wage changes. Jul 11, 2025 · View each state's 2025 minimum wage rate (and rates proposed for 2025) in a user-friendly table and learn how federal law could shape future rates. Minimum wage in Washington state. However, the basic salary in the United States varies from state to state. Release Table for 2025, Release Tables: Federal and State Minimum Wage Rates, Annual. Sep 29, 2023 · COLUMBUS, Ohio – Ohio’s minimum wage is scheduled to increase Jan. Minimum wage rates will increase as a result of CPI, Federal wage increase or cost-of-living accommodation. Feb 17, 2025 · Discover the latest minimum wage rates across the United States for 2025, including federal, state, and local updates on pay standards and compliance. ) and other independent countries. Learn more about the impact of these changes and which states are affected. It hasn't budged since. Dec 6, 2023 · For anyone working a minimum wage job in this new year, they will be paid more in 22 states and in at least 40 cities and counties across the country than they were in 2023. In 2024, the minimum wage was set to increase in 25 states. The benefits of gradually phasing in a $15 minimum wage by 2024 would be far-reaching, lifting pay for tens of millions of workers and helping reverse decades of growing pay inequality. 47 in 2023, and $9. The increases range from $0. Department of Labor, here is the minimum wage by state as of January 1, 2024: Jun 3, 2024 · Two states, the District of Columbia, and many local jurisdictions will increase their minimum wage rates on July 1, 2024. 69 in 2024, $10. dollars per hour, although the minimum wage varies from state to state. , so these rankings are likely to shift once global data for 2021 is tabulated. Apr 3, 2025 · Minimum wage is the lowest hourly rate that employers are legally required to pay their employees. Calculating living costs helps communities and policymakers better understand how much families must earn to maintain self-sufficiency and a minimum standard of living. The cities of Seattle, Bellingham, SeaTac, Tukwila and Renton have adopted minimum wages higher than the state. 50 in California, $16. As of July 1, 2025, the base minimum wage for tipped employees will remain at $10. This page provides - United States Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. 25/hour. In addition, 48 cities and counties will raise their minimum wages above their state wage floors, mostly in California, Colorado, and Washington. Aug 27, 2024 · In Massachusetts, the minimum wage is $15 an hour for most workers, but $6. states and the federal district of Washington, D. 15 in Georgia Feb 1, 2025 · Map of US hourly minimum wage by state, in dollars Jan 19, 2024 · Twenty-five U. Jul 24, 2024 · Fifteen years ago this Wednesday, the federal minimum wage went up from $6. Discover compliance tactics and cost-saving insights on federal, state & local updates. Dec 13, 2023 · Twenty-two states are set to increase minimum wages at the beginning of 2024. 50 * Future rates increased each July 1 by CPI-W Howard County (As of January 1, 2025) 15 or Oct 7, 2024 · Explore the Global Minimum Wage Landscape 2024, comparisons of wage policies across countries. 35 in Connecticut; and $15. Nov 5, 2024 · The federal rate of minimum wage, $7. 1, 2024 The minimum wage rate is expected to increase in 25 states. 6 per month, that is 13,303 euros per year, taking into account 12 payments per year. 23% increase from 2023) to $2. In any given place, the highest applicable minimum wage (between federal, state Jul 11, 2025 · View each state's 2025 minimum wage rate (and rates proposed for 2025) in a user-friendly table and learn how federal law could shape future rates. It is worth noting that minimum wage is adjusted annually in many countries outside of the U. The federal minimum wage remains set at $7. Get expert tax and financial advice from Tam Accounting. 00 per hour. 23 in Michigan (a 2. 22 increases were set to take effect on January 1, 2024; two were set to take effect (in Oregon and Nevada) on July 1 Jul 31, 2025 · Alabama No state minimum wage law. On a more granular level, multiple cities and regions within states have their own minimum wage that accounts for cost-of-living variances. [1]; $16. This page lists the states, cities, and counties with the highest minimum wage rates in the United States, as well as those that adopt the lowest permitted minimum wage rate (the Federal minimum wage Jan 1, 2002 · Notes In states with no minimum-wage law (Alabama, Louisiana, Mississippi, South Carolina, and Tennessee) or minimum wages below the federal minimum wage (Georgia and Wyoming), the federal minimum wage of $7. This new research includes a full demographic picture of low Dec 26, 2023 · Massachusetts has among the highest minimum wage in the country at $15 per hour, but the state’s minimum wage is not among those increasing in 2024. C. Attention: 2025 has Minimum Wage Updates across 20+ States Effective January 1st, 2025. 00 in fast-food restaurants without table service and with at least 60 locations across the USA. Our guide lists the new rates for each state so you can ensure your payroll is accurate. Sep 29, 2023 · Ohio’s minimum wage is scheduled to increase Jan. dollars) New minimum wage rules come into effect from January 1, 2025 - find out all you need to know with this comprehensive guide. 50). The Constitutional Amendment (II-34a) passed by Ohio voters in November 2006 states Ohio’s minimum wage shall increase on January 1 each year by the rate of inflation. In all eight of these states, the federal minimum Jan 5, 2024 · Retailers across the country face budgeting changes as 25 states are raising their minimum wage in 2024, reported USA Today. In all eight of these states, the federal minimum The federal minimum wage for 2024 is $7. 50 per hour to $17. Some states raised their own minimum wages since it hasn't been increased since July 2009. Jan 1, 2024 · Under current state law, New Hampshire’s minimum wage matches the federal minimum wage: $7. Jan 15, 2024 · Unlock where the highest minimum wage in the US is by diving into our list of the top 10 highest minimum wage rates for 2023 in the nation! Jan 19, 2024 · Minimum wage rates differ from one country to the next, making it hard for international employers to remain compliant across all geographies. 50 in New York. In the United States, the federal minimum wage is 7. , will have minimum wages of at least $15 an hour. In 20 states, the 2024 hourly minimum wage for workers who don’t get tips will be the same as the federal minimum wage of $7. Feb 10, 2024 · 2024 guide to federal & state minimum wage changes: Latest increases, $15 per hour goals, and business impacts. May 8, 2025 · The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. 60 per hour in October 2024, for jobs covered under the Fair Labor Standards Act of 1938. Feb 24, 2025 · Did the minimum wage increase in your state? Here, we've collected all state minimum wages (and other tax information) in one place. 50 (~₹1,281) per hour. 25 per hour, has remained untouched since 2009. Find out the current and projected minimum wage rates for every state in the United States in 2024. This minimum wage by state chart tracks minimum wage requirements for federal and state laws and legislation that can change annually for any state. The federal minimum wage remains at $7. A list of the 2024 and 2025 minimum wage for each state and some municipalities. 25 federal minimum wage. Minimum wage Nov 26, 2024 · On September 30th, 2024, Florida’s state minimum wage will increase to $13. Jan 1, 2025 · Find your minimum wage and get your questions answered with fact sheets and dedicated FAQ pages for specific types of workers. Minimum Wage by State As of 2024, 30 states and the District of Columbia have higher wage rates than the federal minimum. Minimum wage ballot measures in 2024 Here’s a look at 2024 certified and potential minimum wage measures: So far, one measure—in California—has been certified for the ballot in 2024. Stay informed about federal and state minimum wage rates. Dec 29, 2023 · When the state rate and federal minimum wage rate differ, employers must pay the higher of the two. The table below lists state and certain major locality minimum wage increases for 2024—and future years, if available—along with the related changes in the maximum tip credit and minimum cash wage for tipped employees. dollars per hour which, when adjusted US map of hourly minimum wages by state and District of Columbia (D. 4 or about US$3. In 1968, the Federal US minimum wage for jobs covered under the Fair Labor Standards Act of 1938, was $1. Jan 1, 2025 · Maryland Minimum Wage and Overtime Law - Employment Standards Service (ESS) Minimum Wage Rates Maryland Under the Fair Wage Act, all employers (regardless of size) pay $15 per hour Montgomery County (As of July 1, 2025)* 51 or more employees $17. Dec 19, 2023 · California minimum wage for fast food workers will be $20 in 2024 Millions of workers nationwide could be in line for a pay hike next year, with half of U. Updated: January 2025 The average state minimum wage in 2025 is $11. While many states still follow the federal requirement of $7. g. The table below lists state Minimum wage increases are going into effect across many states in 2024. 65 11 to 50 employees $16. As of January 1, 2025, the District of Columbia July 1, 2024 of Columbia, Nevada and Oregon. 18, up from $10. Dec 11, 2024 · 2) As of April 1, 2024, the minimum wage will be $20. This article serves as Sep 2, 2024 · A number of states across the country have been implementing minimum wage increases this year. 1, 2024 will be Washington state at $16. At the beginning of 2024, there are plenty of signs that show a growing interest in changing the rules around the minimum wage in the US. states planning to boost their minimum Jan 3, 2024 · Stay up-to-date with the 2024 minimum wage increases. Jan. Apr 26, 2024 · The federal minimum wage is the lowest wage rate that an employer can legally pay their employees throughout the United States. Jan 1, 2024 · The highest state minimum wages as of Jan. Proposition 32, if passed, would bring the minimum Jan 30, 2024 · This interactive tool, updated in January 30, 2024, allows users to explore how various policies to increase the federal minimum wage would affect earnings, employment, family income, and poverty. Oct 21, 2024 · Vice President and Democratic presidential candidate Kamala Harris said on Monday the U. 85 for large employers. . 25 per hour that applies nationwide, but individual states can choose to set their minimum wage at a higher rate. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages. This document is for reference only and is not intended as formal legal advice. S. The federal minimum wage for covered nonexempt employees is $7. For the most accurate information, refer to the Department of Labor. states, territories, and districts have rates of minimum wage that are higher than the federal standard, according to the National Conference of State Legislatures. The minimum wage will apply to employees of businesses with annual gross receipts of more than $385,000 per year. It acts as a baseline below which no state wage can fall, although states are free to set higher minimum wages. Below is a summary of these changes and guidelines to help you comply with your minimum wage requirements. 61. Explore the 2024 guide to minimum wage in the USA, including federal and state differences, living costs, economic impacts, and tax obligations. , including federal and state rates, tipped minimum wages and credits, and recent increases. 25 USD/Hour in 2024. While the FLSA mandates broad minimum wage coverage, states and localities have the option of establishing minimum wage rates that are different from those set by the Dec 26, 2023 · In 2024, a near-record number of states and localities will increase their minimum wages. 45 per hour for non-tipped employees and $5. Jan 23, 2024 · In 2024, minimum wages are on the rise in 22 U. 00 per week, or $15,080. Employers are required to post the minimum wage as determined by the state and federal laws at all times for their employees. 5 million workers age 16 and older in the United States were paid hourly rates, representing 55. 7 per hour). Mar 15, 2025 · The minimum wages in USA is a legally binding price on hourly wages, below which workers cannot be offered a job. 25, while 30 states set their minimum wages above the federal level. *Note: The information regarding minimum wage laws and regulations in the US has been checked and updated for 2024. Jan 1, 2025 · The District of Columbia has the highest minimum wage at $17. NEW STATE MINIMUM WAGES IN 2024 On the first day of the new year, several states increased their minimum wage. 29% increase from 2023). Washington has the highest minimum wage in USA, which is $15. minimum wage: real and nominal value 1938-2024 Real and nominal value of the federal minimum wage in the United States from 1938 to 2024 (in 2024 U. 1, seven states and Washington, D. 60 per hour. At the current exchange rate—as of January 2—the new minimum wage corresponds to US$ 291. Read what you need to know about every state’s minimum hourly wage policy. The minimum wage for non-tipped workers in the United States remains $7. 85 for small employers & $10. This table provides a summary comparision of international minimum wage rates with a calculated yearly minimum wage rate for each country in International Dollars, a measure of currency based on the United States dollar in 2009. Below is a table of every US state and its minimum wage rate, including historical rates dating back several years: $8. Here is a list of all states, their minimum wage rates for 2024, and their effective dates (if not already in effect). Under the ballot measure Minimum Wage Beginning July 1, 2025, the minimum wage in the District of Columbia will increase from $17. The lowest minimum wages based on state law were $5. Cities can set minimum wages higher than the state. 25 per hour for nontipped workers, which hasn’t been raised since 2009. Additional regulations may apply. Maryland, New Jersey Stay informed about the state minimum wages in the U. 28 and California at $16. Defining Living Wage The living wage, also known as the livable wage, is the income required to cover basic family needs without reliance on outside assistance. Compare the state and Federal minimum wage rates, and get details about exemptions and labor laws for each state. Nine states’ minimum wages were scheduled to be raised, and 13 more had raises due to an indexed automatic annual adjustment. The National Minimum Wage and National Living Wage rates: age, apprentices, previous years. Dec 17, 2024 · Twenty-one states will increase their minimum wages on January 1, raising pay for more than 9. 00 in Hawaii (a 14. 25 per hour, many state and municipal governments have introduced higher minimum wages that apply to workers within their jurisdiction. This report presents highlights and statistical tables describing workers whose earnings were at or below the federal minimum wage in 2023. Three states, Georgia, Oklahoma and Wyoming, have a minimum wage below $7. 28 an hour on January 1 Check your state's minimum wage in 2024! This essential guide can help you understand your rights and advocate for fair pay. Jul 1, 2025 · State Minimum Wages Summary Currently, 34 states, territories and districts have minimum wages above the federal minimum wage of $7. According to the U. Jan 1, 2024 · Almost half of the states, and several major localities, will increase their minimum wage rates in 2024, with a majority of the changes effective on January 1, 2024. These rates will likely be publish Sept. Minimum wages vary widely across China, with some regions having a minimum wage as low as RMB 1,000 per month. However, heading into Election Day, 34 U. The current federal minimum wage is $7. Jan 12, 2024 · In 2024, Washington remained top, narrowly beating California for having the highest state minimum wage in the United States. Many, or all, of the products featured on this page are from our advertising partners who compensate us Jul 3, 2025 · Minimum wages can change every year. This report presents highlights and statistical tables describing workers who earned at or below the federal minimum wage in 2024. The minimum wage by state ranges from $7. Read our guide that lists the new minimum wage by state along with other hiring market info. 25 an hour. labor law and a range of state and local laws. 25 an hour as Dec 3, 2024 · This compilation of federal minimum wage 2024 follows minimum wage regulations from state and federal laws & legislation, which vary annually for each state. What are the current minimum wages around the world? Which country has the highest minimum wage in the world and which one has the lowest minimum pay requirements? Nov 5, 2024 · California In blue stalwart California, where the minimum wage rose to $16 an hour at the start of 2024, voters are also weighing another boost. See minimum wage in the United States for much more info, including detailed state-by-state and city-by-city breakdown of the facts and numbers, and more info on US territories Jun 10, 2024 · As we step into 2024, navigating the shifting rules of minimum wage laws across various states becomes more than a mere compliance exercise—it's a strategic imperative. The January 1 increases show that the minimum wage… Minimum Wages in the United States remained unchanged at 7. Roosevelt, but later found to be unconstitutional Jan 23, 2024 · Comprehending the more complex nature of the minimum wage in the USA is essential for effective workforce management, avoiding severe penalties, and ensuring employee satisfaction. Some countries may have a very complicated minimum wage system; for A full time minimum wage worker in Federal working will earn $290. , minimum wage of $17 is the highest state-level wage in the nation. Jul 14, 2025 · U. 25 per hour, but could be higher, depending on the state. 1 (see sidebar). Some states have regional minimums (e. Nevada’s and Oregon's new rates will go into effect on July 1, while Florida's will increase on Sept. Sep 30, 2024 · In 2024, Washington has the highest state-level minimum wage in the nation. 33 per hour. Employers of all sizes are required by law to post Labor Law notices reflect the minimum wage rates. Dec 19, 2023 · Almost half of the states, and several major localities, will increase their minimum wage rates in 2024, with a majority of the changes effective on January 1, 2024. Dec 15, 2023 · Of the states with changes, Michigan will have the smallest increase in 2024, rising 23 cents from $10. org provides a database of international minimum wage rates and labor law information for countries around the world. 2 million workers by a total of $5. Mar 10, 2025 · Elevate your business with our 2025 minimum wage mastery guide. [1][2][3][4][5][6][7][8] For comparisons to other countries see: List of countries by minimum wage. 85 in 2022. Dec 2, 2024 · The map above shows the difference between current state minimum wage rates in 2024 with what they would have been had they been kept inline with inflation from 1968. Understand global trends for workers and businesses. 89 (about USD $21. 25 per hour in 2020—the 17th highest in the world, but barely half that of the global leader, Australia. in 2024? According to new data from Oxfam, there are more than 39 million low wage workers in the United States, defined here as any worker earning less than $17 an hour. Once the minimum wage increase takes effect, it becomes legally binding. 25 per hour for tipped employees. Seattle, SeaTac, Tukwila, Renton, Bellingham, and Burien all will have higher wages in 2025. 30, 2024 A new minimum wage rate is expected in Florida. And workers in expensive Apr 16, 2025 · The federal minimum wage in 2024 remains a critical point of consideration for businesses and workers across the United States. As of 2024, the federal minimum wage stands at $7. Jul 12, 2024 · Texas minimum wage laws in 2024: rates, exemptions, compliance, enforcement, and future trends for fair and legal workplace practices. On January 1, 22 states implemented their increased wages while three others are expected to implement their raise throughout the year. FRED: Download, graph, and track economic data. Nov 6, 2024 · Minimum wage hikes and paid sick leave were on the ballots in several states in the November 2024 election. Summary The Fair Labor Standards Act (FLSA), enacted in 1938, is the federal law that establishes the general minimum wage that must be paid to all covered, nonexempt workers employed in a state or territory of the United States. states are boosting their minimum wage in 2024, with baseline pay bumping up to at least $16 an hour in California, Washington and parts of New York. Many also contain a Jan 4, 2024 · 25 states will raise the minimum wage in 2024, while 20 states will remain at the $7. In fact, 22 states are experiencing wage increases in 2025. 7 percent of all wage and salary workers. Explore our maps below to better understand how creating a universal minimum wage and raising it to $17 per hour would benefit more than 39 million workers–23 percent of the workforce. Oct 30, 2024 · With the federal minimum wage stagnant for over 15 years, voters in Alaska, California, Missouri, and Massachusetts will decide on ballot measures to raise their wages. Minimum Wage Requirements Per State for 2024/2025 All wages listed are per hour unless otherwise specified. 00 per year. Quick Hits Effective January 1, 2024, the daily minimum wage rate in the Free Trade Zone of the Northern Border will increase to MXN $374. 25. 25 since 2009. Most of these increases occur around January 1st. In 22 states, new minimum wages took effect on Jan. Oct 2, 2024 · Your complete guide to US minimum wage laws, eligibility criteria, minimum wage exemptions, and employee-employer rights. Jul 26, 2024 · When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. The top five highest 2024 statewide minimum wages were set to be as follows: $17. Basic needs include food, housing, transportation, insurance May 25, 2023 · On the other hand, some states have their own minimum wage rates. Jan 1, 2024 · The table below lists state and certain major locality minimum wage increases for 2024—and future years, if available—along with the related changes in the maximum tip credit and minimum cash wage for tipped employees. Effective January 1, 2024, the daily minimum wage rate in the rest of the country will increase to MXN $248. Jan 2, 2024 · Minimum wage is increased across nearly half of the US in 2024 - find out how YOUR state's basic pay compares Washington State increased its minimum wage to $16. Sep 30, 2024 · The 2024 Ohio minimum wage applies to employees of businesses with annual gross receipts of more than $385,000. 55 per hour to $7. The map below shows state minimum wages as of January 1, 2024. ) [1] Minimum wage by state by year In the United States, the minimum wage is set by U. wlvomyiqyadfqgvucccxantmmahqwzulgzrszklttemtrlp