2007-06-01 20:28:33 · 4 answers · asked by Maymie 3 in Business & Finance ➔ Taxes ➔ United States
It's still $5.15, however that is set to change starting next month.
The Fair Minimum Wage Act of 2007 (HR 2) is legislation that amends the Fair Labor Standards Act of 1938 and gradually raises the federal minimum wage from $5.15 per hour to $7.25 per hour. It was signed into law on May 25, 2007 as part of the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007. The act raises the federal minimum wage in 3 increments: to $5.85 per hour 60 days after enactment (Jul 24, 2007), to $6.55 per hour 12 months after that (Jul 24, 2008), and finally to $7.25 per hour 12 months after that (Jul 24, 2009).
2007-06-01 22:22:52 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Do you happen to live in Ohio? As of Jan 1, 2007 the STATE minimum wage in Ohio is $6.85. A state constitutional amendment passed in Nov, 2006 set that rate and requires annual increases based on inflation. Assuming bostonianinmo has the details correct about the Federal Minimum (I have no reason to doubt him, but haven't checked.), I doubt the Federal minimum matters any more in Ohio.
2007-06-02 11:34:22 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
The federal minimum wage is still $5.15.
2007-06-02 03:32:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I think it has already ;)
2007-06-02 03:30:58 · answer #4 · answered by Giggagirl 6 · 0⤊ 2⤋