[PDF] Maximum Minimum Wage Ebook
Maximum Minimum Wage By Bob Fingerman Reviews
How Much is the Minimum Wage? - thebalancecareers.com The minimum wage was enacted in the United States in 1938 as part of the Fair Labor Standards Act (FLSA). The first minimum wage was 25 cents an hour. The current US minimum wage is $7.25 per hour. However, some states and cities have set minimum wage rates that are higher than the federal minimum. Minimum wage in the United States - Wikipedia The minimum wage in the United States is set by US labor law and a range of state and local laws. Employers generally have to pay workers the highest minimum wage prescribed by federal, state, and local law. Since July 24, 2009, the federal government has mandated a nationwide minimum wage of $7.25 per hour. Maximum wage - Wikipedia A maximum wage, also often called a wage ceiling, is a legal limit on how much income an individual can earn. It is a prescribed limitation which can be used to affect change in an economic structure, but its effects are unrelated to those of minimum wage laws used currently by some states to enforce minimum earnings. A maximum wage does not directly redistribute wealth, but it does limit the ...
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