What are the likely economic impacts of raising the federal minimum wage to $15 per hour?

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. No later than October 15 of each year, commencing October 15, 2026, the Nebraska Department of Labor shall calculate and publish the minimum wage rate that will ... The state's minimum-wage rates for all employers, including large employers, small employers, youth and J-1 visa wages for hotels, motels and lodging ... The Act establishes standards for minimum wages, overtime pay, recordkeeping, and child labor. These standards affect more than 135 million workers. Aug 1, 2024 ... Pursuant to this section, the minimum wage of $15.00 per hour was implemented on January 1, 2022 for employers who employ 26 or more employees ... Dec 31, 2024 ... Minimum Wage Increases to $13.75 per Hour for 2025 ... A minimum wage of $13.75 per hour takes effect on January 1, 2025. On Nov. 5, 2024, ... Minimum Wage in Sunnyvale · Effective Date: Jan. 1, 2025 · Minimum Wage Rate: $19.00 per hour. The Sunnyvale City Council adopted an ordinance to increase ... $15.00/hour Minimum wage in Rhode Island as of 1/1/2025. Per RI General Law §28-12, the minimum wage is set to increase to the following in the upcoming years. Minimum Wage Information ... The Pasadena City Council adopted a Minimum Wage Ordinance on March 14, 2016, and on July 1, 2016, the Pasadena Minimum Wage was ... The minimum wage for non-tipped employees in South Dakota is $11.50/hour. (Effective Jan. 1, 2025.) Tip Credit (Tipped Employees).