What Is Minimum Wage In All 50 States?

Is Walmart raising wages in 2020?

As many as 165,000 Walmart employees will soon be receiving a raise.

America’s largest retailer announced it was raising wages for many jobs from $11 to $15 per hour.

Wages for workers in the deli and bakery area will increase from $11 to $15 an hour..

How much do you get paid working at mcdonalds?

Hourly pay at McDonald’s Corporation ranges from an average of $8.01 to $15.84 an hour. McDonald’s Corporation employees with the job title Assistant Manager, Fast Food make the most with an average hourly rate of $13.12, while employees with the title Cashier make the least with an average hourly rate of $8.89.

What country has lowest salary?

“The absolute lowest federal minimum wage is in Sierra Leone, where workers can expect just $0.03/hour. India is the lowest among larger economies with a $0.28/hour rate. Australia is at the opposite end of the spectrum, with a whopping $16.88 hourly mandated wage.”

Which country pay the highest salary?

LuxembourgAccording to the OECD Global Report, the country which pays highest salary in the world is Luxembourg, here a workers gets average salary of Rs. 40 lacs per year.

What state has the highest minimum wage 2020?

New York already raised its hourly minimum to $11.80 on Dec. 31. Excluding Washington, D.C.’s $14 per hour minimum wage – which will climb to $15 per hour in mid-2020 – is the highest in the country, followed by Washington and California at $13.50 per hour and $13 per hour, respectively.

What state has lowest minimum wage?

GeorgiaThe state currently with the lowest minimum wage requirements as stated in data from the DOL is Georgia. Paying just $5.15 per hour, Georgia has a minimum wage of more than $2.00 below the federal mark of $7.25.

Is federal minimum wage going up in 2020?

Executive Order 13658, enacted in September 2019, raised the minimum wage for federal contract workers to $10.80 per hour effective January 1, 2020. For tipped workers who perform work on or in connection with covered contracts, the hourly rate increased to $7.55 per hour.

What states have a $15 an hour minimum wage?

Illinois, Maryland, New Jersey on Board The year began with $15 minimum wage laws on the books in three states—California, Massachusetts, and New York—plus the District of Columbia. That list quickly expanded as Illinois, Maryland, and New Jersey enacted similar legislation in February and March.

What is the highest minimum wage in the world?

$13.78 per hourLuxembourg has the highest minimum wage in the world of $13.78 per hour.

What was the original purpose of minimum wage?

The minimum wage was conceived as a way to help bolster wageworkers and decrease class stratification. It was first introduced in the United States with the Fair Labor Standards Act of 1938 (FLSA). Passed under President Roosevelt, this act called for the first national minimum wage of 25 cents an hour.

What states are most expensive to live in?

Ten Most Expensive States in the United StatesHawaii. Hawaii is the most expensive state to live in in the United States. … District of Columbia. Washington D.C. is the second-most expensive state in the United States. … 3. California. … New York. … Oregon. … Massachusetts. … Alaska. … Maryland.More items…

What is Georgia’s minimum wage 2020?

$5.15The Georgia state minimum wage is $5.15. Employees covered under the federal Fair Labor Standards Act are subject to the federal minimum wage of $7.25, but those not covered under the FLSA may be paid the state minimum wage of $5.15.

What state is the cheapest to live in?

MississippiMississippi The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 19% lower than the national average cost of living.

Is minimum wage the same in all 50 states?

Employers generally have to pay workers the highest minimum wage prescribed by federal, state, and local law. Since July 24, 2009, the federal minimum wage is $7.25 per hour. As of January 2020, there were 29 states and D.C with a minimum wage higher than the federal minimum.

What is the lowest minimum wage in the world?

Cuba is the country with the world’s lowest minimum wage. On a monthly basis, an employee in Cuba receives the minimum wage of 225 Cuban pesos –equivalent to $9.

What happens if state minimum wage is lower than federal?

State Minimum Wages. States can pass their own minimum wage laws. … If a state has no minimum wage law or its minimum wage is lower than the federal law, workers are entitled to the federal wage. If a state’s minimum wage is higher than the federal one, workers are entitled to the state-specific wage.

What country has the lowest salary?

Top 20 countries with the lowest wagesMauritania. 67.94 USD.Congo. 99.09 USD.Senegal. 156.73 USD.Ethiopia. 159.85 USD.Uzbekistan. 197.91 USD.Indonesia. 205.05 USD.Bangladesh. 210.04 USD.Kyrgyzstan. 231.58 USD.More items…

Are Walmart employees getting a raise in 2020?

A Walmart (NYSE:WMT) pay raise is coming in 2020 as the company changes how its business operates to benefits its employees. According to a Walmart news release, the company is going to be increasing the pay roughly 165,000 hourly employees.

What states will raise minimum wage?

Lawmakers in six of these states—California, Illinois, Maryland, Massachusetts, New Jersey, and New York—enacted legislation that will eventually bring their state minimum wages to $15 an hour. For 2020, minimum wages in these states will range between $11.00 and $13.00.

Why is raising minimum wage bad?

Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment. This is one reason why 72 percent of US-based economists oppose a federal minimum wage of $15.00 per hour.