Federal Minimum Wage 2024 Usa. The federal minimum wage of $7.25 per hour has not budged since 2009 despite a steady increase to the costs of living, which has accelerated into skyrocketing inflation. Nonfarm payroll employment rose by 275,000 in february, above the average monthly gain of 230,000 over the prior 12.
Which states are raising minimum wage in 2024? The minimum wage for employees who receive tips is $2.13 per.
$11.00 (4+ Employees) January 1, 2024:
The federal minimum wage is $7.25 per hour.
Nonfarm Payrolls Increased By 275,000 For The Month While The Jobless Rate Moved Higher To 3.9%, The Labor Department’s Bureau Of Labor Statistics Reported.
Twenty states will still keep the federal minimum wage of $7.25 in 2024.
However, Wage Increases Are Likely To Be More.
A complete guide for employers.
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2024 Minimum Wage Effective Date;
The federal minimum wage isn’t increasing and will remain at $7.25 an hour in 2024.
58 Rows Release Table For 2024, Release Tables:
The table below lists the current prevailing 2024 minimum wage rates for every state in the united states.
State Minimum Wages Vary According To A Variety Of Factors.
Employers covered by the flsa must pay the federal mw of $7.25.