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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September 16, 2020

Florida Projected to Lose 158,000 Jobs Due to Proposed Amendment 2

Last week, economists Dr. William Even, Miami University, and Dr. David Macpherson, Trinity University, released “Estimating the Impact of a $15.00 Minimum Wage in Florida.” The study analyzes the…
September 10, 2020

Will a High Minimum Wage Hinder Cities’ COVID Recovery?

Food service and restaurant-related businesses face a particularly long road to recovery after losses due to the pandemic. However, such businesses faced steep barriers to growth in pre-COVID…
July 15, 2020

Teens Face Skyrocketing Unemployment Rates Amid Summer Minimum Wage Hikes

Teenagers are going to be hard-pressed to find a job this summer. According to a new analysis of Census Bureau statistics, the youth unemployment rate—including Americans between the ages of…
March 20, 2020

New Study: Higher Tipped Wage = Lower Tip Percentage

The Restaurant Opportunities Centers United (ROC) continues to spend a large portion of its annual budget trying to eliminate the tipped wage. This is despite the fact that restaurant workers…