Minimum Wage 2024 By State Forecast. The federal minimum wage remains at $7.25 per hour. In the absence of action at the national level, many states and localities have raised their own minimum wages.
The following states have passed legislation to reach a $15 minimum wage in 2024 and beyond. Under the default policy based on the raise the wage act of 2023, the minimum hourly wage is $9.50 in 2024, $11.00 in 2025, $12.50 in 2026, $14.00 in 2027, $15.50 in 2028, and $17.00 in 2029;
Dc Is Set To Raise Its Minimum Wage In July Of This Year.
States will boost their minimum wage rate at some point in 2024?
Employers Subject To The Fair Labor Standards Act Must Pay The Current Federal Minimum Wage Of $7.25 Per Hour.
Connecticut’s minimum hourly wage will increase 4.6% to $15.69 as of january 1, 2024.
$16, Up From $15.50 Colorado:
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In The Absence Of Action At The National Level, Many States And Localities Have Raised Their Own Minimum Wages.
Minimum wage will increase by $1 next year.
State 2023 Hourly Minimum Wage 2024 Hourly Minimum Wage Effective January 1, 2024;
Which states have an upcoming increase to $15 minimum wage?