Table of Contents
When did minimum wage go up to 7 25 an hour?
The federal minimum wage was last raised on July 24, 2009, when it rose from $6.55 to $7.25 per hour, the last step of a three-step increase approved by Congress in 2007. Before 2007, the minimum wage had been stuck at $5.15 per hour for 10 years.
What states still have 7.25 minimum wage?
State Minimum Wage Rates
| State | 2020 Minimum Wage | 2021 Minimum Wage |
|---|---|---|
| Alabama | $7.25 (Federal, no state minimum) | $7.25 (Federal, no state minimum) |
| Alaska | $10.19 | $10.34 |
| Arizona | $12.00 | $12.15 |
| Arkansas | $10.00 | $11.00 |
What states are going to $15 minimum wage?
How Many States Have a $15 Minimum Wage?
- Minimum Wage Management. Simplified.
- California. For large employers, the $15 minimum wage rate begins Jan.
- Connecticut. Connecticut minimum wage will reach $15 on June 1, 2023, with indexing beginning Jan.
- Delaware.
- Florida.
- Illinois.
- Maryland.
- Massachusetts.
What was minimum wage in 1977?
$2.30
Minimum hourly wage of workers in jobs first covered by
| Effective Date | 1938 Act 1 | 1961 Amendments 2 |
|---|---|---|
| Jan. 1, 1975 | $2.10 | $2.10 |
| Jan 1, 1976 | $2.30 | $2.30 |
| Jan 1, 1977 | ||
| Jan 1, 1978 | $2.65 for all covered, nonexempt workers | $2.65 for all covered, nonexempt workers |
What was minimum wage in 1987?
$3.35
Barack Obama says the minimum wage was higher during Ronald Reagan’s first State of the Union
| Year | Minimum wage | Wage in 2013 dollars |
|---|---|---|
| 1987 | $3.35 | $6.87 |
| 1988 | $3.35 | $6.60 |
| 1989 | $3.35 | $6.29 |
| 2013 | $7.25 | $7.25 |
What is the minimum wage for all 50 states?
Hourly minimum wage by state
| State | Hourly minimum wage |
|---|---|
| California | $13.00 to $14.00 (Employers with 25 employees or fewer: $13.00; employers with 26+ employees: $14.00) |
| Colorado | $12.32 |
| Connecticut | $13.00 |
| Delaware | $9.25 |
Which state has highest minimum wage 2021?
Washington tops the list of states with the highest minimum wage while 15 states tie for last in terms of the lowest — $7.25, which is the federal minimum wage, according to the U.S. Department of Labor.
How much is a living wage?
According to their analysis, an employed single adult currently needs A$597 per week (before tax, and including housing costs) to live healthily. A couple with two young children needs almost twice as much: A$1,173.
What is the minimum wage in the United States of America?
At present, 29 states and Washington, DC have minimum wages above $7.25, which take precedence over the federal requirement. Accounting for inflation, the federal minimum wage was $10.47 per hour in 1979. Department of Labor; Bureau of Labor Statistics.
What was the highest minimum wage in the US in 1979?
At present, 29 states and Washington, DC have minimum wages above $7.25, which take precedence over the federal requirement. Adjusted for inflation, the federal minimum wage was at its highest in 1979, when it was $2.90 an hour at the time, but equivalent to $10.47 in 2019 dollars.
Does federal minimum wage law cover all workers?
Federal minimum wage law doesn’t cover all workers. Not everyone is required to receive the federal minimum wage, which partly explains why the BLS measures workers “at or below” minimum wage. Various exclusions and exemptions can mean some workers may earn less than $7.25 per hour.
Should the minimum wage be raised to help the poor?
People can’t live on $7.25 an hour. In essence, they view a higher minimum wage as an anti-poverty program. Ironically, free-market economists have the same goal — to help the poor. However, they know there are much more efficient ways of achieving the same end.