Monday, July 13, 2009

Coming Soon to a Job Near You: Federal Minimum Wage Goes Up to $7.25

It’s been years in the making, but federal legislation passed in 2007 will finally take full effect next week, when the federal minimum wage increases to $7.25 (after going from $5.85 to $6.55 in July 2008).

If you have questions about the minimum wage, the Department of Labor has a question and answer section you might want to read. And if you think minimum wage workers are either teenagers or part-time workers, think again: 1.1 million workers age 25 and over earned the minimum wage or less in 2008, representing 44 percent of all minimum wage earners. 40 percent of all minimum wage earners are full-time workers.

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