[268], Hospitality Industry varies. Minimum wage increased to $8.75 on December 31, 2015. [90], Some minimum wage ordinances have an exemption for unionized workers. Basic needs include food, childcare, medical care, housing, transportation, and other basic necessities. Indeed, the evidence is stronger that minimum wages occasionally increase poverty…"[140], According to some economists, minimum wage increases result in a variety of negative effects for lower-skilled workers including reduced employment, reduced hours, reduced benefits, and less safe working conditions. The CBO estimated in February 2014 that raising the minimum wage under either scenario described above would improve income inequality.

[19] From the 1890s to the 1920s, during the Progressive Era, a time of social activists and political reform across the United States, progressive reformers, women's organizations, religious figures, academics, and politicians all played an important role in getting state minimum wage laws passed throughout the United States. [170] Additional exemptions to the minimum wage include many seasonal employees, student employees, and certain disabled employees as specified by the FLSA. [71] The legislation was introduced according to Senator Bernie Sanders to make sure that every worker has at least a modest and decent standard of living.

Minimum wage increased to $10.10 on January 1, 2018. [105], In neoclassical economics, the law of demand states that—all else being equal—raising the price of any particular good or service reduces the quantity demanded. In New York state in 1890, a group of female reformers who were worried about the harsh conditions of sweated labor in the country formed the Consumer's League of the City of New York.

[96][8] The minimum wage had its highest purchasing power in 1968, when it was $1.60 per hour (equivalent to $11.76 in 2019). According to the May 2006 National Occupational Employment and Wage Estimates, the four lowest-paid occupational sectors in May 2006 (when the federal minimum wage was $5.15 per hour) were the following:[325].

The minimum wage across the country varies from the federally mandated minimum of $7.25 per hour in many states to as high $12.00 and $13.50 per hour in states Arizona, Colorado, California, and Washington. "Why Does the Minimum Wage Have No Discernible Effect on Unemployment?" [89] A growing number of other California cities have also enacted local minimum wage ordinances to increase the minimum wage to $15.00 per hour or higher, including Berkeley, El Cerrito, Emeryville, Mountain View, Oakland, Richmond, and San Jose. Funny. Minimum wage rates may change during the calendar year. "Minimum Wage." Upcoming New Mexico minimum wage increases: A 2016 law changed the minimum wage over the next six years. Accessed Jan. 12, 2020. [119], A 2012 study led by Joseph Sabia estimated that the 2004-6 New York State minimum wage increase (from $5.15 to $6.75) resulted in a 20.2% to 21.8% reduction in employment for less-skilled, less-educated workers.

[240][241], A state law passed July 5, 2017 prevents Missouri cities and local governments from setting a higher minimum wage. [77] New York has also passed legislation to increase its minimum wage to $15.00 per hour over time, with certain counties and larger companies set on faster schedules than others. Moreover, they concluded, "Once this publication selection is corrected, little or no evidence of a negative association between minimum wages and employment remains. An increase of $2 in each state's minimum wage could have prevented more than 57,000 suicides." In 1994, economists David Card and Alan Krueger studied employment trends among 410 restaurants in New Jersey and eastern Pennsylvania following New Jersey's minimum wage hike (from $4.25 to $5.05) in April 1992. Baker Signs 'Grand Bargain, "Obama: Congress has 'clear choice' on minimum wage", "Centrist Republicans cool to minimum wage hike compromise", "A minimum-wage hike finds hope in U.S. heartland", "Sanders and 21 Democrats introduce bill to raise minimum wage to $15 an hour", "H.R.15 - 115th Congress (2017-2018): Raise the Wage Act", "Sanders, Democrats introduce $15 minimum wage bill", "City governments are raising standards for working people—and state legislators are lowering them back down", "Worker rights preemption in the US: A map of the campaign to suppress worker rights in the states", "Illinois Hourly Minimum Wage Rates by Year - Fair Labor Standards Division", "Governor Cuomo Signs $15 Minimum Wage Plan and 12 Week Paid Family Leave Policy into Law", "The Living Wage Movement—Viewpoints | EPI", "Minimum Wage Groundswell? The minimum wage rate is the lowest hourly pay that can be awarded to workers, also known as a pay floor. The strike brought national attention to the plight of the low wage textile workers, and pushed the state legislatures, who feared the magnitude of the strike, to enact progressive labor legislation. During the same time period, campaigns against sweated labor were occurring in the United States and England. Know the Impact of the Minimum Wage Increase? Wage increases would be heavily skewed (40%) towards those already earning above the minimum wage with more than 80% of benefits accruing to more educated workers living above the poverty line (Table 5). For employers with 15 or more employees, $11.00 starting on January 1, 2020; $11.75 on January 1, 2021; $12.50 on January 1, 2022; $13.25 on January 1, 2023; $14.00 on January 1, 2024; and $15.00 on January 1, 2025.

[43] As of 2018, the minimum wage is indexed to inflation in 17 states. "Establishing a Minimum Wage for Contractors, Notice of Rate Change in Effect as of January 1, 2020," Accessed Jan. 12, 2020. [118] Washington had a job growth rate 0.3% faster than the national average job growth rate. Minimum wage increased to $10.19 on January 1, 2020. The increases will be in 24 states and 48 cities and counties, according to the advocacy group National Employment Law Project. Accessed Jan. 12, 2020. [179] The minimum wage in Illinois will reach $15 per hour by 2025 with increases beginning in 2020. Under the federal law, workers who receive a portion of their salary from tips, such as waitstaff, are required only to have their total compensation, including tips, meet the minimum wage.

[40][41][42] Oregon and Florida were the next states to link their minimum wages to the consumer price index. Local laws (including a local $10.10 minimum wage law passed by the.
Who Minimum Wage Increases Bite: An Analysis Using Monthly Data from the SIPP and the CPS.

[179] On the same day, NYC's hourly minimum wage for companies with 10 or fewer employees became $13.50.
Tipped employees earn 60% of the minimum wage (employers may claim credit for tips, up to 40% of wage) and there is a training wage for tipped employees.

Under the FLSA, non-exempt employees must be paid the minimum wage or higher., The federal minimum wage in 2020 is $7.25 per hour and has not increased since July 2009. The current Illinois minimum wage is $10.00. Employers who offer health benefits can pay employees $8.00. "Minimum Wage Increases, Wages, and Low-Wage Employment: Evidence from Seattle", "Minimum Wage Increases And Individual Employment Trajectories", "Laboratories of Democracy: what Seattle learned from having the highest minimum wage in the nation", "Raising The Minimum Wage By $1 May Prevent Thousands Of Suicides, Study Shows", "Effects of increased minimum wages by unemployment rate on suicide in the USA", "Raise the Minimum Wage, Reduce Crime? [14] About 2% of white, Asian, and Latino workers earned the federal minimum wage or less. Similar, consumer leagues formed throughout the United States, and in 1899, they united under the National Consumer League (NCL) parent organization. In addition, some counties and cities within states may implement a higher minimum wage than the rest of their state. U.S. Department of Labor. As of January 1, 2020, if a worker under 18 works more than 650 hours for the employer during any calendar year, they must be paid the regular (over 18 wage). [162], The Pew Center reported in January 2014 that 73% of Americans supported raising the minimum wage from $7.25 to $10. [126] However, there are studies that show that higher prices for products due to increased labor cost are usually only by about 0.4% of the original price.

The Fair Labor Standards Act (FLSA) determines the minimum wage for employees in private and public sectors, in both Federal and State governments. [145], A 2006 survey conducted by economist Robert Whaples of a sample of 210 Ph.D. economists randomly selected from the American Economic Association, found that, regarding the U.S. minimum wage:[146], In 2014, over 600 economists signed a letter in support of increasing the minimum wage to $10.10 with research suggesting that a minimum wage increase could have a small stimulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth. From January 1981 to April 1990, the minimum wage was frozen at $3.35 per hour, then a record-setting minimum wage freeze.

France has the rich world's highest wage floor, at more than 60% of the median for adults and a far bigger fraction of the typical wage for the young. David Howell, a professor of economics and public policy at the New School, "The American problem isn't quantity of jobs," Howell said.

Fair Labor Standards Act Advisor. Where the Minimum-Wage Fight Is Being Won, Democrats Add $15 Minimum Wage to Platform, Democrats back $15 minimum wage, but stalemate on Social Security, GOP Candidates Resoundingly Reject The Idea of a Minimum Wage Hike, Paul Ryan opposes minimum wage hike, says it would nix jobs, "Most See Inequality Growing, but Partisans Differ over Solutions", "Lake Research Partners. [5], While the federal minimum wage is $7.25, most states[6]:1 and many cities have higher minimum wages resulting in almost 90% of U.S. minimum wage workers earning more than $7.25.

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