Summary
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Twenty-five states are raising their minimum wages in 2024. DC is set to raise its minimum wage in July of this year.
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California recently announced a minimum wage increase from $15.50 to $16 beginning January 2024. – More
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Since 2009, the federal minimum wage rate has remained at $7.25, but the rate is higher in 30 states, along with Washington, D.C., Guam, and the Virgin Islands.
Employers in the United States are bound by different laws when it comes to minimum wage rates, depending on the state or even the city they’re in. The federal minimum wage rate is a fixed national rate set by the Fair Labor Standards Act (FLSA) and enforced by the U.S. Department of Labor (DOL).
The federal minimum wage was last revised in 2009 and is currently set at $7.25 per hour. President Biden has been pushing for this to increase to $15 and bumped the minimum wage for federal contractors to $15 in 2022 — possibly as a precursor to a nationwide increase.
In response to the inertia at the federal level, over half of the US states and cities have taken the initiative to institute higher minimum wage rates in their jurisdictions in 2023. In cases like these, the law favors the rate most beneficial to the employee — in other words, the highest minimum wage.
States with higher minimum wage rates include Washington at $15.74 and the District of Columbia at $16.50. Cities with minimum wage rates higher than those of their states include New York City ($15 — $0.80 more than in...
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