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Legislation has been enacted recently in multiple states that significantly raises the minimum wage. California, Illinois, and Massachusetts are all set to raise their minimum wages to $15.00 per hour by January 1, 2023, for California and Massachusetts and by 2025 for Illinois.
The Fair Labor Standards Act of 1938 29 U.S.C. § 203 (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week.
United States labor law sets the rights and duties for employees, labor unions, and employers in the US. Labor law's basic aim is to remedy the "inequality of bargaining power" between employees and employers, especially employers "organized in the corporate or other forms of ownership association". [1] Over the 20th century, federal law ...
The higher minimum wage applies to employers with annual gross revenues of a specified minimum amount ($385,000 in 2024, [24] $372,000 in 2023, [17] $342,000 in 2022, [17] $323,000 in 2021, [25] $319,000 in 2020, [26] and $314,000 in 2019 [23] ).
In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws. The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but later found to be unconstitutional.
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Nearly all states within the United States have minimum wage laws; Alabama, Louisiana, Mississippi, South Carolina, and Tennessee are the only states yet to set a minimum wage law. As of July 24, 2009, U.S. federal law requires a minimum wage of at least $7.25 per hour.
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