What is the minimum wage?

The minimum wage is the starting hourly wage an employer can pay an employee for work. Currently, the federal minimum wage is $7.25 an hour (part of the Fair Labor Standards Act). Some states and cities have raised their minimum wage higher than that. In most instances, the higher of the prevailing minimum wage requirements is binding for employers.

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Minimum Wage in the U.S.

Select your state to learn more about the standard minimum wage and the tipped wage in your state.

Fed. Min. Wage Fed. Tipped Wage
$7.25 $2.13

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July 23, 2021

Forthcoming Study Links Minimum Wage Hikes to Drops in Healthcare Coverage

The economics of minimum wage hikes are pretty simple: raising minimum wage costs causes employers to account for these costs in other areas. Evidence of this trend is well-documented: wage…
July 16, 2021

New Report Draws Bogus Link Between Housing Costs and Minimum Wage

Every year, the National Low Income Housing Coalition (NLIHC) releases a new report with headline-inducing statistics and fancy maps detailing the so-called “Housing Wage” that…
July 9, 2021

Raising NH’s Minimum Wage to $15 Would Kill Over 13,000 Jobs

This week, the Restaurant Opportunities Center, a controversial interest group known for aggressively pushing to end the tip credit and tipping system, held an event in New Hampshire to…
July 1, 2021

Ahead of NY State Wage Hike, NYC’s Experience With $15 Previews Employment Consequences

July 1st marks a scheduled raise to a $15 minimum wage for all fast food workers across New York State. Eighteen other states and localities saw minimum wage…