Minimum Wage Gains

Minimum Wage Tracker - Economic Policy Institute

Notes · There are 28 states and D.C. that have changed their minimum-wage law since January 2014. · The effective minimum wage has increased in 30 states and D.C. ...

Minimum Wage - Missouri Department of Labor - MO.gov

After 2023, the minimum wage rate for all private and non-exempt businesses will be based on the increase or decrease in the cost of living pursuant to the ...

How Increasing the Federal Minimum Wage Could Affect ...

In general, increasing the federal minimum wage would raise the earnings and family income of most low-wage workers and thus lift some ...

The impact of raising the federal minimum wage to $15 by 2025, by ...

The map below shows the estimated share and count of workers in each congressional district who would receive wage increases if the Raise the Wage Act of 2021 ...

Raising the Minimum Wage - AFL-CIO

Raising the federal minimum wage to $15 an hour by 2025 would raise wages of up to 27.3 million workers and lift 1.3 million families out of poverty.

Raising the Minimum Wage: Winners and Losers

The Economic Policy Institute claims that with a $17 minimum wage, nearly 28 million employees will gain total annual benefits of $86 billion or ...

History of Changes to the Minimum Wage Law

Subsequent amendments to the FLSA have extended the law's coverage to additional employees and raised the level of the minimum wage. In 1949, the minimum wage ...

Increasing the Minimum Wage Comes at Too High a Price for Workers

Across the United States, about half of all states raised their minimum wages in 2024. Most of those increases went into effect on January 1 ...

Raising the Minimum Wage Would Be an Investment in Growing the ...

For the typical white, Black, and Latino worker,** a $15 minimum wage could increase their annual wage by an average of $800, with the largest ...

What Are the Pros and Cons of Raising the Minimum Wage?

Critics, on the other hand, warn that higher labor costs might lead to job cuts, automation, and increased prices for goods and services. Is Minimum Wage the ...

Minimum & Living Wage - Every Job Should Pay a Living Wage

Raising the minimum wage in states or localities typically requires state or local legislation or a ballot initiative—and in the case of localities, they may ...

The “Ripple Effect” of a Minimum Wage Increase on American Workers

we find that an increase could raise the wages of up to 35 million workers—that's 29.4 percent of the workforce.For the purpose of this analysis, ...

History of Federal Minimum Wage Rates Under the Fair Labor ...

... increased annual dollar volume (ADV) test for enterprise coverage, must continue to receive at least $3.35 an hour. 5 A subminimum wage -- $4.25 an hour ...

Raising the Minimum Wage: Good for Workers, Businesses, and the ...

2150, the Raise the Wage Act, would increase the federal minimum wage to $12 by 2020, eliminate the tipped minimum wage, and link the minimum wage to increases ...

State Minimum Wages - National Conference of State Legislatures

Currently, 34 states, territories and districts have minimum wages above the federal minimum wage of $7.25 per hour.

The US minimum wage has been $7.25 since 2009. What ... - CNN

It's the longest period without a countrywide increase since the federal minimum wage was established in 1938. Adjusting for inflation, workers ...

Minimum Wage by State – Updates for 2024 - Paycor

While some states are on a schedule for annual increases to eventually reach $15 an hour, others still adhere to the federal minimum. Although ...

Wage growth vs inflation U.S. 2024 - Statista

U.S. inflation rate versus wage growth 2020-2024 ... In September 2024, inflation amounted to 2.4 percent, while wages grew by 4.7 percent. The ...

Does increasing the minimum wage lead to higher prices?

Many business leaders fear that any increase in the minimum wage will be passed on to consumers through price increases thereby slowing spending and ...

Workers are finally seeing real wage gains, but millions still struggle ...

Minimum wage frozen at $7.25 ... Between 2019 and 2022, lower paid workers experienced historically strong wage growth, with real hourly wages for ...