What is the impact of minimum wage on income inequality? Does raising the minimum wage reduce income inequality?

This change also affects salaried employees who are exempt from overtime requirements under Alaska Statute 23.10.055(b). The minimum salary for these workers ... 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 ... Jan 1, 2025 ... Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. Three states, Georgia, ... Minimum Wage ... The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee ... 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. If you pay workers to do work in unincorporated Los Angeles County, here are some important details about the minimum wage, which is now $17.27 per hour as of ... Dec 13, 2024 ... Nebraska's minimum wage will increase to $13.50 per hour effective January 1, 2025. In accordance with an initiative passed by voters in November of 2022. Effective January 1, 2024 Delaware's minimum hourly wage rate is $13.25. Delaware's minimum hourly wage will increase to $15.00 on January 1, 2025. Chapter 2.80 of the Sonoma Municipal Code establishes a minimum wage rate to be paid by Large Employers (26 or more employees) and Small Employers (25 or fewer ... Jan 1, 2021 ... *Minimum wage may continue to increase each January 1 based on a measure of inflation. Date. Most. Employers. Seasonal. & Small. Employers.