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.
June 27, 2025
Early Data Shows Chicago Tip Credit Elimination Is Not a Success
Earlier this week, anti-tip credit activists at One Fair Wage rallied with Chicago Mayor Brandon Johnson to claim the city’s tip credit elimination law has been nothing but positive for…
June 20, 2025
Why Your Neighborhood Mom-and-Pop Shops Pay the Price for Minimum Wage Increases
Sen. Josh Hawley recently proposed a bill that would increase the federal minimum wage from $7.25 to $15 by 2026, arguing that if “woke corporations…can afford to pay their…
June 13, 2025
NEW DATA: California Among Top 5 States for Teen Unemployment
California has spent years enacting some of the most aggressive minimum wage increases in the nation. New labor data now suggests that these wage policies are starting to take a…
June 6, 2025
EPI Spotlights Best Data on DC’s Tip Credit Elimination Impacts During Hearing on Repeal
Ahead of a planned hearing on Mayor Muriel Bowser’s budget proposal to repeal Initiative 82 – the current law eliminating DC’s tip credit – DC’s Office of the Budget Director…