New minimum wage

The minimum wage is the lowest amount of money that an employer is legally required to pay an employee for a certain period of time, usually an hour. The minimum wage varies by country, state, or province, and is often adjusted periodically to keep pace with inflation or changes in the cost of living.

Here are some of the current minimum wage rates in various countries:

United States:

• Federal minimum wage: $7.25 per hour (last increased in 2009)
• Some states have higher minimum wages, such as:
  • California: $14.00 per hour (2022)
  • New York: $12.50 per hour (2022)
  • Massachusetts: $12.00 per hour (2022)

Canada:

• Federal minimum wage: $15.00 per hour (2022)
• Some provinces have higher minimum wages, such as:
  • Ontario: $15.00 per hour (2022)
  • British Columbia: $15.65 per hour (2022)
  • Alberta: $15.00 per hour (2022)

United Kingdom:

• National minimum wage: £9.50 per hour (2022)
• Some industries have higher minimum wages, such as:
  • Agriculture: £10.40 per hour (2022)
  • Hospitality: £10.30 per hour (2022)

Australia:

• National minimum wage: AU$19.49 per hour (2022)
• Some states have higher minimum wages, such as:
  • New South Wales: AU$20.33 per hour (2022)
  • Victoria: AU$20.33 per hour (2022)

European Union:

• The EU has a minimum wage directive that sets a minimum wage of at least 60% of the national average wage. However, the actual minimum wage varies by country.

It's worth noting that these rates are subject to change, and some countries may have different minimum wage rates for different industries or regions. Additionally, some countries may have a living wage, which is the amount of money needed for a person to live comfortably, rather than just the minimum wage.