What Is The US Minimum Wage 2020?

What state has lowest minimum wage?

GeorgiaThe state currently with the lowest minimum wage requirements as stated in data from the DOL is Georgia.

Paying just $5.15 per hour, Georgia has a minimum wage of more than $2.00 below the federal mark of $7.25.

The state with the second-lowest wage is Wyoming with a minimum hourly pay rate of $5.17..

Why is US minimum wage so low?

Low-wage workers in particular are falling behind because the federal minimum wage has not been raised in 10 years, remaining stuck at $7.25 per hour since 2009. Since the minimum wage was first established in 1938, Congress has never let it go unchanged for so long.

Is $15 an hour a living wage?

But even at $15 an hour, life doesn’t get a whole lot easier. Two adults who work 40 hours a week each and earn $15 an hour make $62,400 before taxes. That’s below what the Economic Policy Institute calculates as a living wage for most of the country.

What is the national living wage 2020?

NLW and NMW rates from 1 April 2020Previous rateCurrent rate from 1 April 2020National Living Wage£8.21£8.7221-24 Year Old Rate£7.70£8.2018-20 Year Old Rate£6.15£6.4516-17 Year Old Rate£4.35£4.552 more rows•Apr 1, 2020

Does everyone get a raise when minimum wage goes up?

Not everyone will get a raise, but people near the bottom will. There will be a diminishing effect of the minimum wage standard as you move up the ladder. Many people don’t get paid on an hourly basis, they get a salary that likely won’t change due to a minimum wage standard.

What is the lowest minimum wage in the world?

“The absolute lowest federal minimum wage is in Sierra Leone, where workers can expect just $0.03/hour. India is the lowest among larger economies with a $0.28/hour rate.

Can states pay less than federal minimum wage?

States can pass their own minimum wage laws. These laws can be lower than, equal to or higher than the federal minimum wage, or states can have no minimum wage laws at all. If a state has no minimum wage law or its minimum wage is lower than the federal law, workers are entitled to the federal wage.

What states have a $15 an hour minimum wage?

The states that have approved $15 an hour minimum wage increases are California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey and New York.

Which states raised minimum wage in 2020?

Voters in Arizona, Colorado, Maine and Washington approved November ballot measures to raise their respective minimum wages. Arizona, Colorado and Maine will incrementally increase their minimum wages to $12 an hour by 2020. Washington’s will be increased incrementally to $13.50 an hour by 2020.

What is the minimum wage in the United States 2020?

$7.25 per hourThe State law excludes from coverage any employment that is subject to the federal Fair Labor Standards Act when the federal rate is greater than the State rate. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.

Will the federal minimum wage increase in 2020?

National minimum wage From 1 July 2020, the minimum wage has increased by 1.75%, or $13 per week.

What is the lowest salary in USA?

While the federal minimum wage is $7.25, most states and many cities have higher minimum wages resulting in almost 90% of U.S. minimum wage workers earning more than $7.25. The effective nationwide minimum wage, the wage that the average minimum wage worker earns, is $11.80 as of May 2019.

What state has the highest minimum wage 2020?

New York already raised its hourly minimum to $11.80 on Dec. 31. Excluding Washington, D.C.’s $14 per hour minimum wage – which will climb to $15 per hour in mid-2020 – is the highest in the country, followed by Washington and California at $13.50 per hour and $13 per hour, respectively.

What is minimum wage in all 50 states?

State2020 Minimum Wage2021 Minimum WageAlabama$7.25 (Federal, no state minimum)$7.25 (Federal, no state minimum)Alaska$10.19$10.34Arizona$12.00$12.15Arkansas$10.00$11.0047 more rows•Nov 12, 2020

What is a livable wage in the US?

$16.54 per hourThe living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.

What is the minimum wage on Long Island in 2020?

In Nassau, Suffolk and Westchester counties, it is $13.00 per hour. In the remainder of the state, it is $11.80 per hour. There are different hourly rates for workers in the fast food industry and those who receive tips. These rates remain in effect until December 30, 2020.

What is the highest minimum wage in the US?

The Top 5 U.S. Cities With the Highest Minimum WageHigher Minimum Wages.Seattle: $15.45.San Francisco: $15.00.San Jose: $15.25 Per Hour.New York City: $15.00.Washington, D.C.: $15.00.