According to the May 2009 National Occupational Employment and Wage Estimates,[344] the lowest-paid occupational sectors in May 2009 (when the federal minimum wage was $7.25 per hour) were the following: Congressional Budget Office's estimates of federal minimum wage increases. Georgia and Wyoming both have a minimum wage of just $5.15. Washington, DC 202101-866-4-USA-DOL1-866-487-2365www.dol.gov, Bureau of International Labor Affairs (ILAB), Employee Benefits Security Administration (EBSA), Employees' Compensation Appeals Board (ECAB), Employment and Training Administration (ETA), Mine Safety and Health Administration (MSHA), Occupational Safety and Health Administration (OSHA), Office of Administrative Law Judges (OALJ), Office of Congressional and Intergovernmental Affairs (OCIA), Office of Disability Employment Policy (ODEP), Office of Federal Contract Compliance Programs (OFCCP), Office of Labor-Management Standards (OLMS), Office of the Assistant Secretary for Administration and Management (OASAM), Office of the Assistant Secretary for Policy (OASP), Office of the Chief Financial Officer (OCFO), Office of Workers' Compensation Programs (OWCP), Ombudsman for the Energy Employees Occupational Illness Compensation Program (EEOMBD), Pension Benefit Guaranty Corporation (PBGC), Veterans' Employment and Training Service (VETS), Economic Data from the Department of Labor, Questions and Answers About the Minimum Wage. [98] In 2008 Hristos Doucouliagos and Tom Stanley conducted a similar meta-analysis of 64 U.S. studies on disemployment effects and concluded that Card and Krueger's initial claim of publication bias was correct. In Florida, the tipped minimum wage is the same as the state minimum wage. The top 5 minimum wage states in the U.S. are District of Columbia, Washington, California, Connecticut, and Massachusetts. ^MN The higher minimum wage applies to employers with annual gross revenues of at least $500,000. Colorado Department of Labor and Employment. [40], In 1933, the Roosevelt administration during the New Deal made the first attempt at establishing a national minimum wage regiment with the National Industrial Recovery Act, which set minimum wage and maximum hours on an industry and regional basis. The site is secure. 29 USC Chapter 8, Section 206 Minimum Wage Statutes, 200 Constitution AveNW .agency-blurb-container .agency_blurb.background--light { padding: 0; } Salary vs. What is the Minimum Wage for Workers Who Receive Tips? Employees entitled to greater rights or benefits who were hired prior to January 26, 2017 shall maintain said rights or benefits. #block-googletagmanagerfooter .field { padding-bottom:0 !important; } [105][106] In a follow-up study, the researchers found that workers already employed at the time of the wage increase and with above-median experience saw their earnings go up by an average of $8$12 per week, (with one-quarter of the earnings gains attributed to experienced workers making up for lost hours in Seattle with work outside the city limits) while the earnings of less-experienced workers saw no significant change. A full-time student working for a university, retail store, or service establishment cannot be paid less than 85% of the minimum wage. The transfer of income from higher income owners (who tend to save more, meaning a lower MPC) to lower income workers (who tend to save less, with a higher MPC) can actually lead to an increase in total consumption and higher demand for goods, leading to increased employment. Persons under the age of 20 may be paid $4.25 an hour for the first 90 calendar days of employment (sometimes known as a youth, teen, or training wage) unless a higher state minimum exists. 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. Adjusted for inflation, the federal minimum wage was at its highest in 1979, when it was $2.90 an hour at the time, but equivalent to $10.47 in 2019 dollars. Characteristics of minimum wage workers, 2022 [68], In contrast, the relatively high minimum wage in Puerto Rico has been blamed by various politicians and commentators as a highly significant factor in the Puerto Rican government-debt crisis. Can a Family Survive on the US Minimum Wage? The amount of tips plus the $2.13 must reach at least $7.25 per hour.