The minimum wage in Indiana is $7.25.
Maine’s minimum wage exceeds the federal floor of $7.25.
Why do students think a national minimum wage was first introduced?
A third approach—higher minimum wages—would shift the burden back to firms.
A $15 minimum wage has broad support.
The ratio of the minimum wage to an area's median wage is called the Kaitz index.
The referendum called for excluding teenagers from a recently passed minimum wage increase.
While Myautoloan.com requires a 575 minimum credit score, Capital One's minimum is 500.
On that very same day, minimum-wage workers in 15 cities went on strike to demand a $15 minimum wage.
The tipped minimum wage is a lower minimum wage for workers in tipped professions, such as restaurant servers.
The 2020 minimum was nearly a million square miles less than the average annual minimum between 1981 and 2010.
In California, minimum wage workers at places with 26 or more employees will see a $15 minimum wage as soon as next year.
We want other big employers to join us by raising their own minimum pay rates, and we continue to lobby for a $15 federal minimum wage.
Liberia, for example, has the world’s highest minimum wage compared to GDP per capita; in the US, the minimum wage has been frozen at $7.25 since 2009.
Some minimum-wage proponents go even further, arguing that a higher minimum boosts jobs by shifting income towards people who consume more of what they earn.
Many states have taken matters into their own hands and created either their own minimum for tipped workers or required that employers pay them the full state minimum wage.
Five states, including Alabama and Louisiana, do not have state minimum wage laws and 16 states have a minimum wage equivalent to the federal minimum wage, at $7.25.
Pressured by minimum-wage workers and activists, and in the absence of a federal minimum-wage hike, other states have also recently raised their minimum wages above the federal level.
The higher the ratio — meaning the more people making close to the minimum wage — the more people will benefit from a minimum wage raise, since those near-minimum wage workers are likely to see their pay increase.
But the "ripple" effect of the minimum wage raising — raises that those making above $15 would get as the minimum wage labor market becomes better paid — generally comes in "just a few dollars above the minimum wage, like around $17-$18 in the case of a $15 minimum wage."
minimum
noun quantity
- the smallest possible quantity
adj all
- the least possible
noun location
- the point on a curve where the tangent changes from negative on the left to positive on the right
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