what was minimum wage in 2023

As of September 24, 2023, the federal minimum wage in the United States is still $7.25 per hour. However, some states have their own minimum wage requirements that may exceed this rate. For example, New York States minimum wage is $14.20 per hour for most employees, but it is $15.00 per hour for fast food industry workers in New York City. The Florida minimum wage is scheduled to increase to $12.00 on September 30, 2023. More than 20 states will raise their minimum wage in 2023, but the specific rates vary by state. It is important to note that some employers may be exempt from state minimum wage laws, and some employees may be exempt from minimum wage requirements altogether.