What is the minimum wage?

The minimum wage is the starting hourly wage an employer can pay an employee for work. Currently, the federal minimum wage is $7.25 an hour (part of the Fair Labor Standards Act). Some states and cities have raised their minimum wage higher than that. In most instances, the higher of the prevailing minimum wage requirements is binding for employers.

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Minimum Wage in the U.S.

Select your state to learn more about the standard minimum wage and the tipped wage in your state.

Fed. Min. Wage Fed. Tipped Wage
$7.25 $2.13

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November 19, 2020

Raising Prices Won’t Help Struggling Restaurants to Absorb $15 Wage Hikes

Last week, the New York Times reported that in the wake of Biden’s election, food service companies are bracing for a $15 national minimum wage. Biden ran on a…
November 13, 2020

Bernie’s $15 Plan Will Cost Georgia 106k Jobs

Party control of the U.S. Senate will come down to Georgia voters in January – and Senator Bernie Sanders claims the key to winning a Democratic majority lies in a…
November 5, 2020

No Blue Wave is a Good Sign for Minimum Wage

Multiple places across the country decided key minimum wage debates this week, including the narrow approval of a statewide referendum in Florida to raise the state minimum wage to…
October 29, 2020

Fact-Checking Biden on Minimum Wage

In the final presidential debate, President Trump hinted at possible support for raising the federal minimum wage, but has historically not committed to any number or action during his…