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New jersey minimum wage 2020 poster. Since july 24 2009 the federal minimum wage is 725 per hour. Taking advantage of a new law that allows colorado cities to set their own minimums the mile high city in 2020 is requiring employers to pay at least 1285 an hour. The minimum wage in the united states is set by us.
You can find a list of highest and lowest minimum wage rates here. This table provides a summary comparision of international minimum wage rates with a calculated yearly minimum wage rate for each country in international dollars a measure of currency based on the united states dollar in 2009. And for the first time you can earn an even higher rate if you live in denver.
However some states cities and counties have a higher minimum wage rate. The centennial states minimum wage went up to 12 for 2020 on new years day from 1110 in 2019. When the state city or county minimum wage rate is higher than the federal rate employers are required to pay workers the higher amount.
As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum. Furthermore many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. The majority of states do not follow the federal wage since they have a higher minimum wage that is set above the 725 hourly rate in fact 29 states in the us have a higher minimum wage than the federal wage.
2020 minimum wage rates by state. The minimum wage in the united states is 725 per hour the 12th highest in the world. The table below lists the current prevailing 2020 minimum wage rates for every state in the united states.
1 2020 as well as future enacted increases. Twenty one states began 2020 with higher minimum wages. 1 april 2020 united states.
As of july 1 2019 effective state minimum wage rates range from 725 to 1400 per hour. The minimum wage is set to go up in 72 jurisdictions in 2020. However the states have the power to increase the federal minimum wage as 29 of them did.
What is the 2020 national wage. Seven states alaska florida minnesota montana ohio south dakota and vermont automatically increased their rates based on the cost of living while 14 states arizona arkansas. The federal nationwide minimum wage in the united states is us725 per hour.
Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. Some territories are exempt and have lower rates. The national wage in 2020 is 725 per hour this is the federal minimum wage and has not changed since 2009.
The table below reflects current state minimum wages in effect as of jan. Click any state for details about the minimum wage exemptions and other state labor laws.
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