How Much Does A Minimum Wage Worker Make In A Month The Minimum wage report presents highlights and statistical tables describing workers who earned at or below the federal minimum wage in 2021 The data are obtained from the Current Population Survey CPS a national monthly survey of approximately 60 000 households conducted by the U S Census Bureau for the U S Bureau of Labor Statistics BLS
The minimum wage in California means that a full time worker can expect to earn the following sums as a minimum before tax These assume a 40 hour working week 640 00 per working week 2 773 33 per month 33 280 00 per annum These figures are approximate Georgia has a state minimum wage law but it does not apply to tipped employees Employers in these states must pay employees covered by the Federal Fair Labor Standards Act at least the federal minimum wage 10 Nevada Effective July 1 2024 there is a uniform minimum wage of 12 00 per hour for all employees 11 US Virgin Islands
How Much Does A Minimum Wage Worker Make In A Month
How Much Does A Minimum Wage Worker Make In A Month
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Making A Minimum Wage Worker s Day 9GAG
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Minimum Wage By U S State As Of July 1 2018 FactsMaps
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Federal minimum wage The federal minimum wage is 7 25 per hour This rate applies to covered nonexempt workers The minimum wage for employees who receive tips is 2 13 per hour The amount of tips plus the 2 13 must reach at least 7 25 per hour If not your employer must pay to make up the difference Characteristics of minimum wage workers 2022 In 2022 78 7 million workers age 16 and older in the United States were paid at hourly rates representing 55 6 percent of all wage and salary workers Among those paid by the hour 141 000 workers earned exactly the prevailing federal minimum wage of 7 25 per hour About 882 000 workers had wages below the federal minimum Together these 1 0
Minimum wage in America How many people are earning 7 25 an hour In 2022 1 02 million hourly workers 1 3 of all hourly workers earned at or below the federal minimum wage That s the lowest number since data collection began in 1979 Minimum wage by U S state Washington D C and territory In states with lower or no minimum wage federal rates apply to workers covered by the Fair Labor Standards Act 1 Special minimum wages apply to some workers in American Samoa 2 3 At federal minimum wage Lower state minimum wage than federal Same state minimum wage as federal Higher state minimum wage than federal Special
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What is the minimum wage for workers who receive tips An employer may pay a tipped employee not less than 2 13 an hour in direct wages if that amount plus the tips received equal at least the federal minimum wage the employee retains all tips and the employee customarily and regularly receives more than 30 a month in tips If an employee s tips combined with the employer s direct wages of The federal minimum wage for covered nonexempt employees is 7 25 per hour Many states also have minimum wage laws In cases where an employee is subject to both the state and federal minimum wage laws the employee is entitled to the higher of the two minimum wages
2024 marks a significant year for minimum wage increases across various states Some states stand out with substantial hikes adjusting wages to better align with living costs and economic changes The annual earnings for a full time minimum wage worker is 15 080 at the current federal minimum wage of 7 25 Full time work means working 2 080 hours each year which is 40 hours each week However many states have their own minimum wages including 29 that are currently higher than the federal rate
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How Much Does A Minimum Wage Worker Make In A Month - The amount of money an employee can earn from a minimum wage job varies depending on federal and state laws Originally minimum wage was designed to enable families to afford the most basic needs but in practice the cost of living has increased much faster than the minimum wage In this article we answer the question of how much does a minimum wage job pay a year depending on location