What happened when minimum wage was raised in 2009?

What happened when minimum wage was raised in 2009?

The federal minimum wage was last raised on July 24, 2009, when it rose from $6.55 to $7.25 per hour, the last step of a three-step increase approved by Congress in 2007. Before 2007, the minimum wage had been stuck at $5.15 per hour for 10 years.

What was the minimum wage in 2006?

$5.15
According to Current Population Survey estimates for 2006, 76.5 million American workers were paid at hourly rates, representing 59.7 percent of all wage and salary workers. Of those paid by the hour, 409,000 were reported as earning exactly $5.15, the prevailing Federal minimum wage.

What was the minimum wage in 2010?

$7.25 per hour
In 2010, 72.9 million American workers age 16 and over were paid at hourly rates, representing 58.8 percent of all wage and salary workers. Among those paid by the hour, 1.8 million earned exactly the prevailing Federal minimum wage of $7.25 per hour. About 2.5 million had wages below the minimum.

Why did the minimum wage increase in 2007?

The minimum wage was passed by the House and the Senate on May 24, 2007 as part of HR 2206, the supplemental aid to the Iraq War.

What was minimum wage in 2003?

Of those paid by the hour, 545,000 were reported as earning exactly $5.15, the prevailing Federal minimum wage, and another 1.6 million were reported with wages below the minimum.

What states have minimum wage?

Minimum Wage By State In The United States. A network of federal, state, and local statutes have set the minimum wage of US states with Washington and Massachusetts having the highest in the country.

What state has the highest minimum wage?

Excluding Washington, D.C.’s $15.20 hourly minimum wage, California has the highest in the country at $14 per hour. Washington and Massachusetts are close behind, with $13.69 per hour and $13.50 per hour, respectively.

What is the highest minimum wage?

there were 29 states with a minimum wage higher than the federal minimum. Washington, D.C., and New York City have the highest minimum wage at $15.00 per hour. The minimum wage in New Jersey is $12.00 an hour as of January 1, 2021, but will be raised a dollar a year until 2024 when it will be $15. Massachusetts’s minimum wage is $13.50 per hour.

What is the current US minimum wage?

The minimum wage in 2019 was 7.25 U.S. dollars, which decreases to 7.15 U.S. dollars when expressed in nominal 2020 dollars. Real and nominal value of the federal minimum wage in the United States…