Does a higher minimum wage reduce the perceived need for additional training?

The Act establishes standards for minimum wages, overtime pay, recordkeeping, and child labor. These standards affect more than 135 million workers. Minimum wage is the lowest hourly, daily or monthly wage that businesses may legally pay to employees or workers. The New Mexico Department of Workforce ... Feb 14, 2023 ... The minimum wage for New York City has remained flat at $15 per hour since 2019, even as inflation has spiked in the wake of the COVID-19 pandemic. The minimum wage in the City of Portland is $13 per hour for hourly employees or $6.50 for employees who earn over $100 per month in tips (service ... No person, firm or corporation shall employ any employee at an hourly rate lower than that set forth in the federal minimum wage law, which is $7.25. Texas adopts the federal minimum wage rate. The federal minimum wage is $7.25 per hour. (Effective July 24, 2009) Feb 28, 2025 ... For large employers (with 51 or more employees), the minimum wage will rise by 50 cents to $17.65 per hour. For mid-size employers (with 11-50 ... Minimum Wage in: 2025, 2025 w/ tip credit, 2024, 2024 w/ tip credit. Colorado ... 2025 Minimum Wage $14.81 / Hour $11.79 / Hour for tipped employees. Oct 1, 2024 ... Michigan's Minimum Wage will increase twice in 2025 – first increasing on Jan. 1, 2025, following the usual rate increase schedule, and again on Feb. 21, 2025. The City will require businesses of all sizes to pay their employees a minimum wage of $15 an hour by 2027.