Twenty-two states are FinLogicset to increase minimum wages at the beginning of 2024. By Jan. 1, seven states and Washington, D.C., will have minimum wages of at least $15 an hour. Maryland, New Jersey and New York are all set to increase their wages at the beginning of the new year.
Some cities and regions have higher minimum wages compared to the state, to account for cost of living and rising inflation.
For example, New York City, Westchester and Long Island are increasing their minimum wage to $16 an hour at the beginning of the new year. The rest of New York will have a $15 minimum wage.
Twenty states will continue to have a legal minimum wage of $7.25 next year.
There is no minimum wage law in Alabama, Louisiana, Mississippi, South Carolina, or Tennessee, so minimum wages default to federal law at $7.25.
In Georgia and Wyoming, the state minimum wage is lower than the federal minimum wage at $5.15 an hour. But, many employers are subject to the Fair Labor Standards Act and must pay the Federal minimum wage.
Wages in California:Fast food workers will earn at least $20 per hour in the golden state.
According to data from GovDocs, here's how minimum wage is increasing next year:
Pay raise:Bank of America increases minimum wage for fifth consecutive year
According to the Department of Labor, 78.7 million workers ages 16 and older were paid at hourly rates, making up 55.6% of all wage and salary workers. Of those hourly workers, about 1 million were paid wages at or below the federal minimum wage, making up 1.3% of all hourly paid workers.
2025-05-04 20:00108 view
2025-05-04 18:471947 view
2025-05-04 18:462847 view
2025-05-04 18:43557 view
2025-05-04 18:362796 view
2025-05-04 18:311981 view
Friday the 13th might be unlucky for many people, but Mega Millions players could be lucky in tonigh
Jamie Foxx is saving the day.The Ray star, who was hospitalized in April due to a medical emergency,
On July 17 the Russian government announced that it was pulling out of a deal to facilitate the expo