WebThe federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). The federal minimum wage is $7.25 per hour effective July 24, 2009. Many states also … WebJan 4, 2024 · And in 12 states, the minimum wage rises automatically each year based on a cost-of-living formula. 4 About 20.6 million people (or 30% of all hourly, non-self-employed workers 18 and older) are “near-minimum-wage” workers.
U.S. minimum wage workers, by education 2024 Statista
WebSep 30, 2024 · Number of minimum wage workers in the U.S. by age 2024. In 2024, about 484,000 wage and salary workers aged between 16 to 24 years were paid hourly rates at … WebNov 20, 2024 · Since the last federal minimum wage hike — to $7.25 an hour, starting July 24, 2009 — the cost of living has increased 20%, while the price of essentials such as housing and health care have ... how big is 40mm
Characteristics of minimum wage workers, 2024 - Bureau …
WebMinimum Wage Workers In 2024, 55.5 percent of workers were paid at hourly rates, approximately 73.3 million people. Of those, 247,000 earned exactly the federal minimum wage and 865,000 received below the federal minimum–a large majority in tip-supplemented roles. They totaled 1.1 million workers, or 1.5 percent of hourly workers. WebMar 12, 2024 · The $7.25 federal minimum wage is used in just 21 states, which collectively account for about 40% of all U.S. wage and salary workers. ... The $7.25 federal minimum wage is pretty much one-size-fits-all across industries and occupations (or most: tipped employees, students, farmworkers and young trainees can be paid less under certain ... WebMar 8, 2024 · To be more specific, according to OPM data, the number of GS-1 employees in the United States in 2024 was 744. 1,102 federal employees in the United States were … how big is 40 by 60 cm in feet