Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Sources: HR.BLR.com, the Department of Labor, and the Economic Policy Institute This minimum applies only to workers without health benefits. Maine ($7.00 will rise to $7.25 on October 1) The federal minimum wage hike will generally have no effect on employers in these 24 states, because they currently have minimum wages at or above $6.55 per hour: automatically sets its minimum wage $1 above the federal rate its minimum increased on Thursday to $7.55 per hour. New Hampshire (was $6.50 will rise to $7.25 in September) The other eight states had a minimum that was higher than the previous federal minimum, but lower than $6.55:
Workers covered by the federal minimum-wage law are exempt from coverage under the state minimum-wage law.) West Virginia (A state minimum-wage raise approved in 2006 to $7.25 only applied to a limited number of workers. Of those 26 states, 18 automatically follow the federal minimum wage:
The following 26 states had their minimum wages rise to $6.55: In July 2009, the federal minimum will rise again to $7.25 per hour. Thursday's increase is the third of three annual increases mandated by the Fair Minimum Wage Act of 2007. The remaining 24 states already have state minimum wages set above $6.55 per hour. On Thursday, the federal minimum wage rose to $6.55 per hour, but the change only affects workers in 26 states (plus Washington, D.C.). are a patchwork of federal and state legislation.
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