Minimum Wage Texas 2024 Impact On Society. The overall impact of the minimum wage on the houston economy is mixed. Share this story with a friend:
A $15 national floor would also mark a new high of the federal minimum wage relative to the national median wage—of about 68 percent. As 2024 unfolds, changes to the business climate are already underway as nearly half of the us adjusts to minimum wage increases.
Effective July 24, 2009, Texas Adopted The Federal Minimum Wage Rate Of $7.25 Per Hour.
May 27th 2024 | mexico city.
This Is The Same As The Federal Minimum Wage, Which Has Not Been Increased Since 2009.
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It Is A Move In The Right Direction, But Again, Many Are Forced To Wonder How.
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It Would Gradually Eliminate, By 2027, The Subminimum Wage For Tipped Workers, Which Has Stood At $2.13 Since 1991, And It Would Eliminate As Well As The Subminimum Wages For Youth And For Workers With Disabilities.
This is the same as the federal minimum wage, which has not been increased since 2009.
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Texas is among the states.