What Is The Minimum Wage Usa, Top Economic Lesson Of 2019 Raise The Minimum Wage The Progressive Pulse

You can all thank mitch mcconnell for being a complete asshole about this subject.

What is minimum wage legislation. The minimum wage in the united states is set by us. 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 nationwide minimum wage in the united states is us725 per hour. Workers it would be 1162 today. The national wage in 2020 is 725 per hour this is the federal minimum wage and has not changed since 2009.

Federal minimum wage. What is the 2020 national wage. When the state city or county minimum wage rate is higher than the federal rate employers are required to pay workers the higher amount.

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. Some territories are exempt and have lower rates. As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum.

The federal minimum wage in the us is set at 725 an hour but states can also set their own minimum wage level meaning the figure can vary greatly from jurisdiction. Not nearly enough to get young people to put down their smartphones long enough to even look for a job. If the minimum wage had been raised since 1968 at the same growth rate as average wages of typical us.

Labor law and a range of state and local laws. Instead at 40 hours per week for 52 weeks the minimum wage translates to 15080 a. However some states cities and counties have a higher minimum wage rate.

Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. Many states also have minimum wage laws. The cotton industry is the first to enact such a code which sets a minimum weekly wage of 13 in northern states and 12 in the south in addition to abolishing child labor.

The minimum wage should have been at least 1500 and hour f. As of july 1 2019 effective state minimum wage rates range from 725 to 1400 per hour. The federal minimum wage in 2020 is 725 per hour and has not increased since july 2009.

Workers who earn a minimum wage today are paid around 27 percent less than their counterparts almost 50 years ago.