What state has highest minimum wage?

As of January 1, 2023, the District of Columbia had the highest minimum wage in the U.S., at 16.50 U.S. dollars per hour. This was followed by Washington, which had 15.74 U.S. dollars per hour as the state minimum wage.

What state has lowest minimum wage?

Which State Has the Lowest Minimum Wage? The two states with the lowest minimum wage are Georgia and Wyoming, both sitting at $5.15; however, employers in Georgia and Wyoming that are subject to the Fair Labor Standards Act must still pay the $7.25 Federal minimum wage.

What states have the highest minimum wage 2022?

Washington, D.C. boasts the nation's highest minimum wage at $16.10 an hour, according to the Department of Labor. But if we're getting technical, the northwest state of Washington has the highest consolidated state minimum wage in the U.S. at $14.49 an hour.

What state pays the most?

Massachusetts has the highest average salary in the country. New York, Washington, and California have a high cost of living and are home to a large number of Fortune 500 companies.

What is the highest paying job?

Washington to have highest state minimum wage in country in 2023

What is Texas minimum wage?

Current Minimum Wage

Texas adopts the federal minimum wage rate. Effective July 24, 2009, the federal minimum wage is $7.25 per hour. The Texas Minimum Wage Act does not prohibit employees from bargaining collectively with their employers for a higher wage.

How much is minimum wage in Florida?

Effective September 30, 2022, the Florida minimum wage will be $11.00 per hour, with a minimum wage of at least $7.98 per hour for tipped employees, in addition to tips, through September 29, 2023.

What is the lowest minimum wage in the world?

Finland. Finland has no government-mandated minimum wage. Employers must pay a minimum wage determined by collective bargaining, which is, on average, $388 (3681 Euros) per month.

Can you survive on minimum wage in USA?

The minimum wage in the United States is no longer a living wage. Even though many states are paying more than this amount, minimum-wage earners continue to struggle to make ends meet. At $7.25, the federal minimum wage hasn't kept up with the cost of living in more than half a century.

Which U.S. city currently has the highest minimum wage?

What is Tennessee minimum wage?

Hourly Minimum Wage for Tennessee and neighboring states in 2023. Tennessee minimum wage rate is $7.25 per hour in 2023. Workers receive a lower minimum wage in Tennessee that exceeds the Federal Minimum Wage of $7.25.

Why do servers only make 2.13 an hour?

The reason that the server minimum wage is so low is simple: servers make tips. At the end of each shift, servers are required to report how much money they earned during the course of their shift. That amount must equal or exceed the minimum wage.

What are the cons of $15 minimum wage?

Increasing labor costs could shrink (or eliminate) their margins, meaning they might have to let go of some staff or go out of business. The report from the CBO supports this data; it estimates that raising the minimum wage to $15 could result in the loss of roughly 1.5 million jobs within a decade.

How much does McDonald's pay in Texas?

How Much Does McDonald's Pay In Texas? McDonald's pays $12 per hour or $23,997 per year on average in Texas. Salaries at McDonald's range from an average of $17,000 to $33,000 a year.

How much does Walmart pay in Texas?

Average Walmart Cashier/Sales hourly pay in Texas is approximately $14.62, which is 24% above the national average. Salary information comes from 85 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

Is $15 an hour a livable wage in Texas?

Percentage of workers earning less than $15/hour

Why it matters: A huge swath of the population is living on less than the "living wage." The living wage for an adult with no children is $15.24 in Texas, as calculated by a Massachusetts Institute of Technology tool.

What is the #1 job in America?

Here are the best jobs of 2022:

Physician Assistant. Medical and Health Services Manager. Software Developer. Data Scientist.

What is the lowest paying job?

What jobs pay a lot of money without college?