Monday, July 23, 2007

Minimum Wage Increase

The minimum wage will increase for the first time in 10 years tomorrow. Taking effect on Tuesday, July 24th, the minimum wage will rise from $5.15 an hour to $5.85 an hour. This is the first step in a three year process. Over the next two years the wage will gradually rise 70 cents each summer until 2009 when all minimum wage jobs must pay $7.25 per hour. The increase is a result of the Fair Minimum Wage Act of 2007 (H.R. 2). It was signed into law by President Bush on May 25, 2007.

Want to read more about the wage increase? Check out "Federal Minimum Wage to Rise by 70 Cents" from the Washington Post. Curious about what advocates and critics think of the act? Check out "Minimum wage boost first in 10 years" from CNN.

See current state minimum wage laws from the U.S. Department of Labor.

Want more information on legislation? Check out the library's guide. Want more information on labor and employment? Check out the library's guide.

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