When Was The Last Time They Raised The Minimum Wage?

Which president increased minimum wage?

In his 2013 State of the Union Address, President Barack Obama called for an increase in the federal minimum wage to $9 an hour; several months later, Democrats Tom Harkin and George Miller proposed legislation to increase the federal minimum wage to $10.10; and in 2015, congressional Democrats introduced a proposal to ….

What state has lowest minimum wage?

GeorgiaWOULD HIGHER MINIMUM WAGE BE A DISADVANTAGE FOR AMERICAN FARMERS? The state currently with the lowest minimum wage requirements as stated in data from the DOL is Georgia. Paying just $5.15 per hour, Georgia has a minimum wage of more than $2.00 below the federal mark of $7.25.

How many times has minimum wage been raised?

Since the first federal minimum wage was set in 1938, it has been raised 22 times by 12 different presidents.

What states are most expensive to live in?

Most Expensive States To Live In 2020RankStateCost Index1Hawaii192.92California151.73New York139.14Oregon134.244 more rows

When was the last time Congress raised minimum wage?

The last time Congress passed an increase to the federal minimum wage was in May 2007 when it raised the minimum wage to its current rate of $7.25 per hour.

What state is the cheapest to live in?

MississippiMississippi The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 19% lower than the national average cost of living. Mississippi’s living wage is only $48,537 and has the cheapest personal necessities anywhere in the country.

Does raising the minimum wage cause inflation?

In theory, raising the minimum wage forces business owners to raise the prices of their goods or services, thereby spurring inflation. … A higher minimum wage can be offset by heightened productivity by workers or trimming down a company’s manpower.

Is Virginia raising the minimum wage in 2020?

The bill would hike Virginia’s minimum wage from its current federal minimum rate of $7.25 an hour to $9 per hour as of July 1, 2020. From there, the rate would rise to $11 per hour on July 1, 2021, to $13 per hour on July 1, 2022, and finally to $15 per hour on July 1, 2023.

What is the minimum wage in Georgia?

$7.25 per hourGeorgia. The State law excludes from coverage any employment that is subject to the federal Fair Labor Standards Act when the federal rate is greater than the State rate. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.

What would a $15 minimum wage mean to the economy?

A $15 minimum wage by 2024 would generate $120 billion in higher wages for workers and would also benefit their communities. Because lower-paid workers spend much of their extra earnings, this injection of wages will help stimulate the economy and spur greater business activity and job growth. 5.

How much is minimum wage in Canada?

11.06 CAD per hour (Oct 1, 2018)Canada/Minimum wage

What is a living wage in the US?

The living wage in the United States is $16.07 per hour in 2017, before taxes for a family of four (two working adults, two children), compared to $15.84 in 2016. The minimum wage does not provide a living wage for most American families.

Is minimum wage going up to $15 in 2020?

State of CaliforniaCalifornia State Minimum Wage1/1/2020$13 per hour$12 per hour1/1/2021$14 per hour$13 per hour1/1/2022$15 per hour$14 per hour1/1/2023$15 per hour$15 per hour1 more row•Dec 31, 2019

What states are raising their minimum wage in 2020?

The states that raised their wages at the start of 2020, or will later this year, include:Alaska, with an hourly increase from $9.89 to $10.19.Arizona, $11 to $12.Arkansas, $9.25 to $10.California, $12 to $13.Colorado, $11.10 to $12.Connecticut, $11 to $12 on Sept. … Florida, $8.46 to $8.56.Illinois, $8.25 to $9.25.More items…•

What is minimum wage in the US?

7.25 USD per hour (2019)United States/Minimum wage

What country has the highest minimum wage?

LuxembourgLuxembourg has the highest minimum wage in the world of $13.78 per hour.

What was the hourly wage in 1940?

Chart: minimum wage in cost-of-living-adjusted dollarsYearMinimum WageAdjusted 2013 Dollars1938$0.25$4.141939$0.30$5.041940$0.30$5.001941$0.30$4.7772 more rows•Dec 10, 2013

When minimum wage goes up does everyone else get a raise?

Other hourly people get more than that, but none as much as $15 per hour. If the minimum rises, not only will we have to pay more to entry-level people, but everyone above them will have to get a raise as well.