CNBC: The federal minimum wage has been $7.25 for 15 years. How the election may change that
By Lorie Konish
CNBC, Aug 16, 2024. Also NBC New York, NBC Chicago, NBC Miami, NBC Los Angeles, NBC San Diego, NBC Connecticut, more
The federal minimum wage recently marked a new anniversary. ... The federal minimum wage has now been stuck at $7.25 per hour for 15 years....
Many states have enacted minimum hourly pay rates that are higher than the federal minimum wage. Yet 20 states have wages that are no higher than the federal level, according to Business for a Fair Minimum Wage. They include Alabama, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky...