That’s Money Honey! Minimum Wage Rises Today
The federal minimum wage is now $7.25 per hour.
Your next payday will be a hell of a lot better if you’re a minimum wage-earning worker — the federal minimum wage officially rises from $6.55 to $7.25 per hour today.
It’s still a bit low in my opinion, but it’s a lot better than $5.15, which was the federal minimum wage just a couple of years ago.
Some states already have a minimum wage higher than the one put into law today, like Washington, where the state minimum wage is currently $8.55 per hour.
If you remember from his campaign last year, President Obama wants the federal minimum wage to rise to $9.50 by 2011.
Related posts:
Thanks for posting this, it’s just what I was googling. This is why I like blogs, you get a personal opinion from someone rather than a corporation trying to sell you on something, or an idea. I’ll be reading your blog more often!