Last Wednesday, the US House of Representatives passed a bill raising the federal minimum wage to $7.25 over the next 26 months.

$5.15  current federal minimum wage
$5.85  60 days after the bill becomes law
$6.55  1 year after the initial hike
$7.25  2 years after the initial hike

This is the first update to the federal minimum wage in a decade, although some states have enacted their own minimum wage rates that were higher than the current federal rate.

(Source:  House votes to raise U.S. minimum wage from Nations Restaurant News)

One Thought on “New Minimum Wage Rate”

  • New Minimum Wage in VA

    If approved, there will be a new minimum wage rate mandated by state law here in Virginia — with none of this tiered nonsense like the new federally updated rates. The current rate (which is the same on the Federal

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