Minimum wage in the united states currently stands at $725 per hour for most employees, but individual states can implement their own laws when a state's minimum wage does not match the federal one, minimum wage earners receive the higher of the two amounts. The federal minimum wage for the united states is $725 usd per hour a lot of states and even local communities have their own minimum wage (for example my state, ohio, is $830 usd per hour, and seattle's is $15 and hour. Increasing the federal minimum wage from $725 to $15 an hour by 2020 in the year 2015, no one who works 40 hours a week should be living in poverty putting at least 13 million americans to work by investing $1 trillion over five years towards rebuilding our crumbling roads, bridges, railways, airports, public transit systems, ports, dams. The united states has statutory minimum wage laws intended to ensure that even the least skilled of workers are able to earn enough money on which to live as of july 2009, the federal minimum wage was set to $725 per hour, which equates to weekly earnings of just $290 per week (before taxes) for a full time job.
California's minimum wage will go to $10/hour in 2016 multiplying the minimum wage by a work year of 50, 40-hour weeks gives the annual earnings that can be expected from a minimum wage job the real annual income from a minimum wage job is the blue bars. As the united states marks more than six years without an increase in the federal minimum wage of $725 an hour, 14 states and several cities are moving forward with their own increases, with most having taken effect jan 1. 1 american samoa: the fair minimum wage act of 2007 (public law 110-28) sets minimum wage rates within american samoa and provides for additional increases in the minimum wage of $050 per hour each year on may 25, until reaching the minimum wage generally applicable in the united states the wage rates are set for particular industries, not. Wages in the united states averaged 1109 usd/hour from 1964 until 2018, reaching an all time high of 2281 usd/hour in september of 2018 and a record low of 250 usd/hour in february of 1964 in the united states, wages are benchmarked using average hourly earnings.
When state laws require a higher wage, employers must pay at least that higher rate to all workers covered by the state law, whether or not they also are covered by the federal law some minimum wage rates in this table apply only to large companies or employers with a certain dollar amount of receipts. If we look at the minimum salary in united states dollars, which is the official currency in united states, we can see that, this year, it was 1,2567 united states dollars and accordingly, the national minimum wage has remained stable, while the cpi of 2017 which was 21%, so workers have lost purchasing power in the last year. The nation's capital passed a law in 2013 raising the city's minimum wage to $1150 per hour the law takes full effect in 2016, giving washington, dc the fifth-highest minimum wage in the us. The sordid history of the minimum wage law is harrowing in its intent but, at least, realistic about what wage floors actually do they stop upward mobility eugenics as an idea eventually lost favor after world war ii, when it came to be associated with the third reich. The first minimum wage law in the united states was established in 1912 in the state of massachusetts several states would follow suit over the next two decades, and, in 1938—at the height of the great depression—congress established the first federal minimum wage as part of the fair labor standards act (flsa.
The fair minimum wage act of 2007 is the current federal minimum wage law of the united states it was signed into law on may 25, 2007  as a rider to the us troop readiness, veterans' care, katrina recovery, and iraq accountability appropriations act, 2007. Hell yeah i do minimum wage in the united states is impossible to love off on $725 isn't enough to pay our bills, buy groceries (even if you eat like a bird), keep warm air in our homes, and have fitting clothes on our backs. For the five states with no legislation (indicated by the gray states on the map below) the national rate applies the same is true in new hampshire, which repealed its minimum wage in 2011. New york passed a law called the bakeshop act it didn't set a minimum wage — the minimum wage didn't exist yet in the us — but it limited working hours and required that bakeries be kept clean.
The federal minimum wage is just $725 and has not increased since 2009 the raise the wage act of 2017 would gradually raise the federal minimum wage to $15 an hour by 2024. In 2016, california became the first state to adopt legislation that will gradually raise the minimum wage to $15 per hour new york city, seattle, and washington dc also have plans to phase in a $15-per-hour wage floor. A minimum wage is the lowest wage that employers may legally pay to workers the first minimum wage law was enacted in 1894 in new zealand with the passage of the fair labor standards act of 1938 (flsa), the us minimum wage was initially set at $025 per hour for covered workers.
The act prohibits the employment of children under the age of 16 requires employers to pay a minimum wage and obliges employers to pay overtime pay when employees work more than 40 hours in a week (note that overtime is not required for more than 8 hours work in a day. What is the minimum wage in the united states: a look at individual states and cost of living minimum wage laws in the states (department of labor) share tweet pin reddit email +1. It would appear to be the case that politics affects minimum wage laws, as the minimum wage is significantly higher in blue states than in red states washington dc, which technically isn't a state, has the highest minimum wage at $1250 per hour. Executive order 13658 of february 12, 2014 establishing a minimum wage for contractors by the authority vested in me as president by the constitution and the laws of the united states of america, including the federal property and administrative services act, 40 usc 101 et seq, and in order to promote economy and efficiency in procurement by contracting with sources who adequately.