who sets the minimum wage in the us
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Minimum wage in the United States The minimum wage in the United States is set by US labor law and a range of state and local laws. Employers generally have to pay workers the highest minimum wage prescribed by federal, state, and local law. Since July 24, 2009, the federal government has mandated a nationwide minimum wage of $7.25 per hour. As of January 2018, there were 29 states with a minimum wage higher than the federal minimum. From 2017 to 2018, eight states increased their minimum wage levels through automatic adjustment
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The Pay Is Too Damn Low A few weeks ago, Washington, D.C., passed a living-wage bill designed to make Walmart pay its workers a minimum of $12.50 an hour. Then President Obama called on Congress to raise the federal minimum wage (which is currently $7.25 an hour).
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- The current federal minimum wage is $7.25 per hour. A full-time minimum wage employee earns $15,080 annually. In 2012, the poverty threshold for a single person was $11,945. For a family of four with two children it was $22,283.
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Popular Study Materials from Government 2305 Minimum wage laws were established to address issues faced by American workers. The first minimum wage law was signed by President Franklin D. Roosevelt in 1938 as part of the Fair Labor Standards Act, which is the cornerstone of the U.S. labor system.
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Minimum Wage 2017 Minimum Wage. $7.70/hr. The state minimum wage for 2017 is $7.70/hr. Employers engaged in retail or service businesses whose annual gross income is less than $500,000 are not required to pay the state minimum wage rate. Employers not subject to the minimum wage law can pay employees wages of their choosing. For more information, please contact the United States Department of Labor. All employers subject to any provisions of the law shall post a summary of the law and regulations.
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About the Minimum Wage The minimum wage is the minimum hourly wage an employer can pay an employee for work. Currently, the federal minimum wage is $7.25 an hour (part of the Fair Labor Standards Act) and some states and cities have raised their minimum wage even higher than that.San Francisco, CA, has the highest minimum wage in the country at $10.55 an hour.Employees that earn the minimum wage tend to be young, and work in businesses that keep a few cents of each sales dollar after expenses.he minimum wage is the minimum hourly wage an employer can pay an employee for work. Currently, the federal minimum wage is $7.25 an hour (part of the Fair Labor Standards Act) and some states and cities have raised their minimum wage even higher than that.
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California reaches deal on $15 minimum wage A deal to raise California’s minimum wage to $15 an hour by 2022 was reached Monday by Gov. Jerry Brown and state legislators, making the nation's largest state the first to lift base earnings to that level and propelling a campaign to lift the pay floor nationally.
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California Considers Highest Minimum Wage Of Any State California may soon require the highest minimum wage of any U.S. state. State Sen. Mark Leno (D-San Francisco) introduced a bill Monday to raise the state minimum wage to $11 per hour in 2015, $12 per hour in 2016 and $13 per hour in 2017. Beginning in 2018, the state minimum wage would be adjusted annually with the rate of inflation.
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Syrio Forel A Game of Thrones. Eddard Stark hires Syrio to teach Arya Stark how to use her sword, Needle, believing the slender blade would suit the Braavosi water dancer style. Syrio trains Arya using wooden swords filled with lead.
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14 states raising minimum wage in 2016, including New York And it represents a 107% increase over the $7.25 federal minimum wage. New York made headlines this year when Gov. Andrew Cuomo bypassed the state legislature to put in place a $15 minimum for fast-food workers at large chains. He also mandated it for state workers.
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Minimum Wage By State Twenty-nine states, plus the District of Columbia have set their minimum wage above $7.25 per hour, including two which have raised it to $15 (California and New York). And in several other states advocates are actively campaigning to raise the wage floor to more robust levels of at least $12.
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About the Minimum Wage About the Minimum Wage. The minimum wage is the minimum hourly wage an employer can pay an employee for work. Currently, the federal minimum wage is $7.25 an hour (part of the Fair Labor Standards Act) and some states and cities have raised their minimum wage even higher than that.
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Wage & Hour Laws Overview. The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). The federal minimum wage is $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws.
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National Retail Federation In April 2014, the U.S. Senate debated the Minimum Wage Fairness Act (S. 1737; 113th Congress) . The bill would amend the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to $10.10 per hour over the course of a two-year period.
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5 facts about the minimum wage Here are five facts about the minimum wage and the people who earn it: Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.54 (in 2014 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 8.1% of its purchasing power to inflation.s efforts to raise the federal minimum wage from $7.25 an hour have stalled repeatedly, several states and cities – from Los Angeles to New York state to Washington, D.C. – are acting on their own to raise minimum pay rates.
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UNITED STATES DEPARTMENT OF LABOR The Federal minimum wage provisions for covered, nonexempt employees are contained in the Fair Labor Standards Act (FLSA). The Fair Minimum Wage Act of 2007 included phased increases to the Federal minimum wage. For work performed prior to July 24, 2007, the Federal minimum wage is $5.15 per hour.
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States with the Most Minimum-Wage Workers President Obama reignited the minimum-wage issue in his State of the Union address last month, calling on lawmakers to raise the federal wage that has remained frozen at $7.25 an hour since 2009. In some states, a federal minimum-wage hike could boost pay for hundreds of thousands of workers.
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Department of Labor Publishes Final Rule to Raise Minimum Wage for Certain Federal Contractors and Subcontractors Department of Labor Publishes Final Rule to Raise Minimum Wage for Certain Federal Contractors and Subcontractors. The U.S. Department of Labor issued final regulations on October 1, 2014 to implement Executive Order 13658, Establishing a Minimum Wage for Contractors.
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- Many low-wage workers not protected by minimum wage. As President Obama leads a push to raise the federal minimum wage to $10.10, more focus is being given to a patchwork of rules that let companies pay some classes of workers considerably less than the minimum.
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Californiaâs Minimum Wage Will Be $15 an Hour. Where Does Your State Stand? California’s Minimum Wage Will Be $15 an Hour. Where Does Your State Stand? California Gov. Jerry Brown signed a bill Monday that intends to provide the Golden State with the richest minimum wage. The law sets a $15 minimum wage in California by 2022 for businesses with more than 25 employees and by 2023 for smaller firms. The phase-in will begin next year when the rate increases to $10.50 an hour from […]
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Department of Labor Publishes Final Rule to Raise Minimum Wage for Certain Federal Contractors and Subcontractors Executive Summary: The U.S. Department of Labor issued final regulations on October 1, 2014 to implement Executive Order 13658, Establishing a Minimum Wage for Contractors. President Obama signed the Executive Order on February 12, 2014.
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- Following through on his State of the Union pledge, President Barack Obama has signed an Executive Order raising the minimum wage for workers on new federal contracts to $10.10 per hour. The rate increase will apply only to solicitations and contracts issued on or after January 1, 2015.
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- The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). The federal minimum wage is $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws.
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Minimum wage in the United States Voters in six states (Arizona, Colorado, Missouri, Montana, Nevada, and Ohio) in 2006 approved statewide increases in the state minimum wage. The amounts of these increases ranged from $1 to $1.70 per hour and all increases were designed to annually index to inflation.
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Overtime The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). The federal minimum wage is $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. Some state laws provide greater employee protections; employers must comply with both.
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- The minimum wage in the United States is set by US labor law and a network of state, and local laws. Employers generally must pay workers the highest minimum wage prescribed by federal, state, and local law. As of July 2016, the federal government mandates a nationwide minimum wage of $7.25 per hour.