Federal Minimum Wage 2019, 2020 Federal And State Minimum Wage Rates

As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum.

Marijuana news palm springs ca. The federal minimum wage is applicable nationwide and overrides any state laws that provide a lower minimum wage rate to ensure that the local minimum wage in. The federal minimum wage for 2019 2020 is 725 per hour. The federal minimum wage in 2020 is 725 per hour and has not increased since july 2009.

Despite a tight labor market employee salaries arent rising fast enough to make up for years of wage stagnation writes chris lu who served as deputy secretary of labor during the obama. Labor law and a range of state and local laws. Adjusted for inflation that would be worth about 445 today.

Figures use bloomberg consensus forecast for cpi u for 2019 2021 and assume 2. Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. The federal minimum wage was last changed in 2008 when it was raised 070 from 655 to 725.

When president franklin d. The minimum wage in the united states is set by us. When the state city or county minimum wage rate is higher than the federal rate employers are required to pay workers the higher amount.

In 2019 823 million workers age 16 and older in the united states were paid at hourly rates representing 581 percent of all wage and salary workers. However some states cities and counties have a higher minimum wage rate. Federal minimum wage.

The minimum wage the lowest hourly amount that an employee may be paid for their labor is determined by both state and federal labor laws in the united statesunder the federal fair labor standards act states and localities are permitted to set their own minimum wage rates which will take precedence over the federal minimum wage rate if they are higher. 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. The federal minimum wage of 725 per hour is the minimum hourly pay any non exempt worker in the united states can be paid for his work.

Democrats have widely supported a 15 federal minimum wage but the 2025 deadline could be too little too late. Some states and counties have raised their own minimum wages since it has not been increased since july 2009. Among those paid by the hour 392000 workers earned exactly the prevailing federal minimum wage of 725 per hour.

Since july 24 2009 the federal minimum wage is 725 per hour. The federal minimum wage rates below are for general informational purposes only and may change during the calendar year.