Minimum Wage Florida 2024 Projections Vs. Federal and state minimum wage rates, annual. This is higher than the federal minimum wage of $7.25 per hour.
According to projections by the national conference of state legislatures (ncsl), the minimum wage is expected to continue to increase in many states over the next few years. Here’s how it compares to other states in the us.
This Is Higher Than The Federal Minimum Wage Of $7.25 Per Hour.
Federal and state minimum wage rates, annual.
Even With This Increase, However, Florida Policy Institute’s Recent Dashboard Shows That The Minimum Wage — Currently $12 — Is Still Not A Living Wage In Most Counties In The.
This rate is revised on september 30 every year by 1$ until it reaches $15 on september 30, 2026.
Nov 21, 2023 Updated Nov 21, 2023.
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Federal And State Minimum Wage Rates, Annual.
Florida's state minimum wage rate is $13.00 per hour.
Florida Has Experienced A Notable Rise In Wages Since Emerging From The Pandemic, Reaching 91.1% Of The U.s.
Applicable to employers of 6 or more employees.
A Wave Of Minimum Wage Increases Is On The Way In 2024 (Courtesy Of The Jacksonville Business Journal) — Minimum Wages Are Going Up In Dozens Of Cities And States On Jan.