What is the minimum wage in Virginia?

Answer The Virginia minimum wage is $7.25 per hour. The state of Virginia sets minimum wage at the same rate as that of the federal wage standard. In July 2009, the federal labor wage increased from $6.55... Read More »

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What year did the federal minimum wage go into effect&how much was the minimum wage?

The United States has not always had a minimum-wage law. The federally mandated minimum-wage law began in 1938. It was enacted by the Franklin D. Roosevelt administration. At the time, the federall... Read More »

Living Wage Vs. Minimum Wage?

Many U.S. cities have adopted popular but controversial living wage ordinances which require certain companies and industries who receive government contracts or tax incentives to pay wages that ar... Read More »

Why was the minimum wage set?

When President Franklin D. Roosevelt signed the Fair Labor Standards Act (FLSA) into law in June 1938, he put the principle of a federal minimum wage into action. The minimum wage was intended to p... Read More »

Why is there a minimum wage?