What Should The Minimum Wage Be In 2024

How Increasing the Federal Minimum Wage Could Affect …

https://www.cbo.gov/publication/55681

For the default policy based on the Raise the Wage Act of 2021, the minimum wage would be $9.50 in 2023, $11.00 in 2024, $12.50 in 2025, $14.00 in 2026, and $15.00 in 2027 and would be indexed to changes in median wages thereafter.

Minimum Wage Tracker | Economic Policy Institute

https://www.epi.org/minimum-wage-tracker/

Mar 1, 2023

State Minimum Wage Laws | U.S. Department of Labor

https://www.dol.gov/agencies/whd/minimum-wage/state

No state minimum wage law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour. Alaska Basic …

California $18 Minimum Wage Initiative (2024) - Ballotpedia

https://ballotpedia.org/California_$18_Minimum_Wage_Initiative_(2024)

Economists in support of a federal minimum wage of $15 …

https://www.epi.org/economists-in-support-of-15-by-2024/

A $15 minimum wage by 2024 would result in $121 billion in higher wages for 39.7 million low-wage workers, which would also benefit their families and their communities. Since …

Likely Effects of a $15 Federal Minimum Wage by 2024

https://irle.berkeley.edu/publications/brief/likely-effects-of-a-15-federal-minimum-wage-by-2024/

HR 582 proposes to increase the federal minimum wage in six steps, from its current $7.25 level to $15 by 2024. It would gradually eliminate, by 2027, the …

What You Should Know About The Minimum Wage …

https://www.forbes.com/advisor/personal-finance/minimum-wage-debate/

A letter from the Economic Policy Institute (EPI) has garnered dozens of signatures from economists all over the country in support of raising the federal minimum wage to $15 per hour by 2024.

Why the U.S. needs a $15 minimum wage - Economic …

https://www.epi.org/publication/why-america-needs-a-15-minimum-wage/

Sunset unacceptable subminimum wages for workers with disabilities employed in sheltered workshops and for workers under age 20. The benefits of …

Minimum wage increase to $18 could be before …

https://www.mercurynews.com/2022/07/12/minimum-wage-increase-to-18-could-be-before-voters-in-2024/

California voters could, in 2024, decide if the state’s minimum wage should increase to $18 per hour. California’s minimum wage is already set to increase to …

$18 minimum wage in California? What to know about next year's …

https://www.msn.com/en-us/money/markets/dollar18-minimum-wage-in-california-what-to-know-about-next-years-ballot-measure/ar-AA18xc2d

Under the Living Wage Act's initial timeline for increases, the minimum wage would have increased to $16 earlier this year and $17 next January for businesses that employ more than 25 employees.