Nineteen states are raising their minimum wage this year. Washington State and New York have the highest minimum wages among the other states. The current federal minimum wage is $7.25 an hour.

Get an overview of how some top companies have raised their minimum wage over time and continue to do so in 2026.

Bank of America is raising its hourly minimum wage for all positions. The bank announced on Tuesday that by 2025, they would raise the hourly rate to $25. The bank also announced that all its vendors ...

The Labor Department has proposed rescinding an Obama-era rule that gave home care workers the right to overtime pay and ...

The minimum wage is increasing in 22 states in Washington DC. Let's talk about what that means for workers. These changes go into effect in 2026, most of them on January 1st, and for people who are ...

Bank of America announced on Wednesday that it has raised its U.S. minimum hourly wage to $21, the next step in the company’s plans to increase the pay to $25 by 2025. With employees getting paid $21 ...

After introducing its statutory minimum wage in 1964, Costa Rica has established itself as Latin America’s leading country when it comes to floor rates. Today, unskilled workers earn around ₡ ...

Many U.S. workers are ringing in the new year with a raise as new minimum wage increases take effect in states and localities across the country on Thursday. More than 8.3 million workers are expected ...

Learn how long the average American would need to work at minimum wage to reach a billion dollars and why the numbers reveal stark income inequality.