Think Tank Analysis Finds Current Federal Minimum Wage Rate at Lowest Value in 66 Years
ThomsonReuters
JULY 26, 2022
Department of Labor’s (DOL) website , the federal minimum wage rate has increased periodically from 1938 to 2009. According to the DOL, the minimum wage does not increase automatically. per hour effective July 24, 2009 (see Payroll Guide ¶18,200 ). Greater rate rules. According to information from the U.S.
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