Under the Fair Labor and Standards Act (FLSA), the 2024 federal minimum wage for covered non-exempt workers is $7.25 per hour. That’s stayed the same since July 24, 2009.
In 2023, a bill was introduced to raise the federal minimum wage to $17 per hour by 2029. The bill proposes incremental increases each July, starting with the first bump to $9.50 per hour in July 2024. The five-year rollout of the law would raise wages for more than 27 million U.S. workers. However, the bill has not yet passed the Senate and has a ways to go before becoming law, even as we swiftly approach the first milestone.
Check back here for updates to the federal minimum wage, or visit the federal Department of Labor webpage.
Your state may also have its own minimum wage requirements.
