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U.S. minimum wage raised; still below Florida's

Low-wage workers in most of the nation have reason to celebrate today: The federal minimum wage increases 70 cents, to $6.55 an hour. Florida workers won't see a difference in their paychecks, however. The state minimum wage is already $6.79 an hour and will increase again in January to reflect inflation. Next year things could be different. The final step in phasing in the federal minimum wage will boost it to $7.25 an hour a year from now. Covered Florida employers must pay either the state or federal minimum, whichever is higher.

U.S. minimum wage raised; still below Florida's 07/23/08 [Last modified: Friday, July 25, 2008 2:38pm]
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