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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May 13, 2022

Democrats’ Productivity Argument for Raising Minimum Wage Mandates Just Got A Reality Check

Surrounded by a multitude of evidence that raising the federal minimum wage to $15 is an irresponsible, job-killing idea, some politicians seem to hold onto any argument they can find…
May 6, 2022

Other states shouldn’t follow Hawaii’s $18 example

As state legislative sessions wrap up and ballot measures are shaping up for the fall, it’s becoming increasingly clear that a $15 per hour wage target is old news for…
April 29, 2022

Survey: Majority of Economists Believe $15 Wage is Too High

A new survey by Carnegie Mellon University professor Lloyd Corder for the Employment Policies Institute found a significant majority of responding economists oppose raising the federal minimum wage to $15…
April 22, 2022

New Data: Share of Hourly Workers Earning Federal Minimum Wage at Four-Decade Low

A new report released by the Bureau of Labor Statistics shows the share of hourly-paid workers earning the federal minimum wage or less dipped to 1.4% in 2021. This…