States fix minimum wage oyegun
I think you meant to ask "States fix minimum wage rates differently, Oyegun".
Yes, that's correct. In the United States, the minimum wage is set by each state, and it can vary significantly from one state to another. While the federal minimum wage is currently $7.25 per hour, some states have set their own minimum wages that are higher or lower.
Here are some examples of states with different minimum wage rates:
Higher than the federal minimum wage:
- California: $14.00 per hour (for employers with 26 or more employees)
- Massachusetts: $15.00 per hour
- New York: $14.20 per hour (for employers with 11 or more employees)
- Washington: $13.69 per hour
- Oregon: $12.75 per hour
Lower than the federal minimum wage:
- Wyoming: $5.15 per hour
- Kentucky: $7.25 per hour (same as the federal minimum wage)
- Louisiana: $7.25 per hour
- Mississippi: $7.25 per hour
- Tennessee: $7.25 per hour
States with a minimum wage that is indexed to inflation:
- Arizona: $12.00 per hour (indexed to inflation)
- Colorado: $12.32 per hour (indexed to inflation)
- Florida: $10.00 per hour (indexed to inflation)
- Michigan: $9.87 per hour (indexed to inflation)
- Ohio: $8.70 per hour (indexed to inflation)
It's worth noting that some cities and counties within states may also have their own minimum wage rates, which can be higher than the state minimum wage.