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The Minimum Wage And Tipped Minimum Wage Important Tools To Lift Wages And Reduce Poverty Particularly For Women The White House Minimum Wage Ohio
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Raising Minimum Wage To 15 Lifts A Lot Of Boats Nearly 1 3rd Of All Wage Earners One Connecticut Minimum Wage Ohio
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The table of federal minimum wage rates under the fair labor standards act 1938 2009 is also available in a pdf version.
Minimum wage ohio. Effective july 24 2009over a decade agothe federal minimum wage rose to 725hour. The federal minimum wage peaks in purchasing power at 160 per hour the equivalent of 1153 in 2019 dollars. As of january 1 2020 exempt employees must be paid a salary of at least 684 per week 35568 annually and meet a duties test that places their job.
A 1955 amendment increased the minimum wage to 100 an hour with no changes in coverage. As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum. The minimum wage in the united states is set by us.
Federal minimum wage. Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. The federal minimum wage in 2020 is 725 per hour and has not increased since july 2009.
David cooper zane mokhiber and ben zipperer minimum wage simulation model technical methodology february 2019. David cooper raising the federal minimum wage to 15 by 2024 would lift pay for nearly 40 million workers economic policy institute february 2019. Since the last federal minimum wage hike to 725 an hour starting july 24 2009 the cost of living has increased 20 while the price of essentials such as housing and health care have.
Adjusted for inflation that would be worth about 445 today. Labor law and a range of state and local laws. New mexico and nevada also enacted state minimum wage increases to 12 though these changes do not meaningfully affect.
In order to view andor print pdf documents you must have a pdf viewer eg adobe acrobat reader v5 or later available on your workstation. The 1961 amendments greatly expanded the flsas scope in the retail trade sector and increased the minimum for previously covered workers to 115 an hour effective september 1961 and to 125 an hour in september 1963. With the minimum wage was higher relative to living costs luce says.
Roosevelt signed americas first federal minimum wage into law in 1938 it was 25 cents per hour. Wage and hour laws divide employees into two categories. However some states cities and counties have a higher minimum wage rate.
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