What is the current federal minimum wage rate per hour?
Answer
$7.25 per hour
The federal minimum wage, established by the U.S. Department of Labor, is set at $7.25 per hour and serves as the absolute floor for nearly all covered employees nationwide.
Related Questions
What is the current federal minimum wage rate per hour?Which minimum wage rate applies if federal, state, and local rates conflict?How many working hours per year are used to calculate the standard full-time annual minimum wage salary?What is the approximate gross annual income for a full-time worker earning the federal minimum wage?Which levels of government commonly set minimum wage rates higher than the federal standard?How does Oregon structure its minimum wage rates within the state?What authority do local jurisdictions have regarding minimum wage compared to state requirements?What is true regarding the initial guaranteed base pay employers must provide to tipped employees?What is the primary intended function of the mandated financial baseline established by minimum wage laws?If a state sets its minimum wage at $15.00 per hour, what is the estimated gross annual salary for a full-time worker based on 2,080 hours?