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Minimum wage is the lowest hourly rate that employers are legally required to pay their employees. In the United States, the federal minimum wage is 7.25 U.S. dollars per hour which, when adjusted ...
Nov 18, 2021 · Way back in 1938, after decades of campaigning by labor rights activists, Congress passed the Fair Labor Standards Act and created the minimum wage rate for work in the United States. This guaranteed a basic level of income for all workers in the country, which helped keep families afloat during the Depression.
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Aug 31, 2023 · Of these 20 states, seven states have either no minimum-wage law or a minimum wage below the federal minimum wage. Six of these states are in the South (Alabama, Georgia, Louisiana, Mississippi, South Carolina, and Tennessee). Accounting for only 12% of U.S. states, these six Southern states represent 23% of the Black workforce.
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
Mar 29, 2022 · From July 24, 2007 to July 23, 2008: $5.85 per hour. From July 24, 2008 to July 23, 2009: $6.55 per hour. On or after July 24, 2009: $7.25 per hour. Employers who hire full-time students in retail or service stores, agriculture, or colleges and universities can obtain a certificate from the DOL allowing the student to be paid 85% of the minimum ...
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A minimum wage of not less than $4.25 may be paid to employees under age 20 for their first 90 consecutive calendar days of employment, as long as their employment does not displace other workers. Fact Sheet on Hours Worked Under the Fair Labor Standards Act. Provides general information concerning what constitutes compensable time under the FLSA.
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Understand the impact of earning the minimum wage in America today. Get insights into the demographics of $7.25 Minimum Wages earners.