BalanceFormCreative / Shutterstock.com

It’s been more than a decade since the federal minimum wage was increased. First enacted by Congress in 1938 at 25 cents per hour, the minimum wage last received a boost in 2009 when it went from $6.55 to $7.25.

Despite calls to institute a $15-per-hour minimum wage — which is already paid by some major employers — the national minimum wage seems unlikely to change in 2023.

While the federal minimum wage has been stagnant for more than a decade, many states have enacted their own higher minimum wage requirements. More than half of states have a minimum wage that is greater than the federal one, and workers in 27 states will see that wage increase further in 2023.

A handful of states either have no minimum wage or one that is below the federal level. In those places, any employer subject to the Fair Labor Standards Act — which includes public agencies, health…

Read full article Source