(NEXSTAR) — Despite attempts in Congress this year, the federal minimum wage will remain unchanged in 2025. In nearly two dozen states, however, that rate is set to climb in 2026. Since 2009, the ...

The new year will see dozens of states, cities and counties raising the minimum wage locally, helping millions of Americans offset an increasingly urgent affordability crisis. On Jan. 1, 2026, the ...

The federal and Wisconsin minimum wage has remained at $7.25 an hour since its last increase in 2009. A full-time worker earning the current minimum wage falls below the federal poverty threshold.

Hundreds of thousands of workers across more than a dozen cities and states will soon receive higher pay, thanks to minimum wage hikes set to take effect July 1. More than 800,000 workers in two ...

An overly generous wage may prompt employers to cut jobs Almost every country has a minimum wage. The details vary: some countries, such as France, fix a universal minimum across the economy, while ...

As a new bill seeks to raise the federal minimum wage to $17 an hour by 2030, attention has turned once again to where President Donald Trump stands on the issue. The "Raise the Wage Act of 2025," ...

A new law going into effect Friday will see workers making the minimum wage in Michigan getting a raise. Here's what to know about Michigan's minimum wage in 2025 and beyond. What is the minimum wage ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Brian Cassella/Chicago ...

Minimum wage workers in Florida, your paychecks will get another bump this year and the next on the way to $15 an hour. That's thanks to the amendment Floridians approved in 2020 to raise the wage ...

This New Year’s Day, the state minimum wage will increase to $12.41 an hour, up from $12. The change is a result of legislation passed by the General Assembly in 2020 that stated if the legislature ...

Minimum-wage workers in 21 states will see a bigger paycheck come the new year. They're among the many thousands of laws changing as a new year begins. Those wage increases will impact an estimated ...