List of minimum wage rates by state 2018 the minimum wage , the lowest hourly amount that an employee may be paid for their labor, is determined by both state and federal labor laws in the united states.
The federal minimum wage provisions are contained in the fair labor standards act (flsa) the federal minimum wage is $725 per hour effective july 24, 2009 many states also have minimum wage laws.
The minimum wage study committee met publicly fourteen times over the course of this summer to analyze these four components, and at the september 12th policy session the citizens league will present the committee’s evaluation and feedback on these specific items regarding a minimum wage.
Both proposals share a fundamental shortcoming: they rely on the minimum wage to help the working poor despite the reality that this policy ineffectively targets workers most in need. According to the economic policy institute, the minimum wage in the united states would have been $1828 in 2013 if the minimum wage had kept pace with labor productivity to adjust for increased rates of worker productivity in the united states, raising the minimum wage to $22 (or more) an hour has been presented.
Minimum wage laws set the lowest hourly rate an employer can legally pay certain workers what is a minimum wage minimum wage laws set the lowest hourly rate an employer can legally pay certain workers the federal minimum wage is currently $725 per hour.
Minimum wage policy has not contributed to the solution the federal minimum wage has failed to keep pace with both the cost of living and the median wage in the labor market as a consequence, working full-time at the minimum wage does not allow many families to escape poverty, or to attain. The minimum wage is a critical labor standard meant to ensure a fair wage for this country’s lowest paid workers.