HR teams may need to consider this gap to remain competitive in talent acquisition and retention.

Mike Anderson says shop owners need to consider their entire cost of doing business to make sure labor rates are adequate.

The federal minimum wage in the United States has stayed at $7.25 per hour since 2009, but states and some localities are free to set higher amounts. Thirty states have chosen to do so.

Only 10 states and Washington, D.C. have a minimum wage of at least $15 per hour, and even that only equates to annual earnings of $31,200 working 40 hours a week. Meanwhile, 20 U.S. states only ...

Sens. Josh Hawley, R-Mo., and Peter Welch, D-Vt., introduced a bill this week seeking to raise the federal minimum wage to $15 an hour and allow it to increase with inflation in subsequent years.

Minimum wage increased as inflation persisted; advocates say it's not enough Minimum wage increases throughout the entirety of 2025 will directly impact 3 million workers earning minimum wage, and ...

EPI pointed to Ohio, a state that last passed a significant increase to its minimum wage in 2007, and that will see it increase this year from $10.45 to $10.70 because of an inflation adjustment.

Legislation to more than double the federal hourly minimum wage from $7.25 to $15 is back, but this time it’s not a liberal Democrat leading the charge but a conservative Republican – Josh ...

This year, minimum wage increased from $10.45 to $10.75, which is a 2.3 percent raise. VanderHart said minimum wage calculations are based on the consumer price index, also known as CPI.

Minimum-wage workers in Virginia are seeing a little bit of extra money in their paychecks compared to before New Year's Day; however, some people say it's still not enough. Minimum wage in ...