Minimum Wage In Florida 2024 Increase Or Decrease. In november 2020, florida voters approved incremental increases to the state’s minimum wage, which will be $15 an hour by september 2026. Yes, florida is raising its minimum wage in 2024.
30, 2024, $14 on sept. Beginning in 2027, the minimum wage rates will be adjusted annually for inflation.
Five Years Later, In July 2029, The Minimum Wage Reaches Its Target Of $17 Per Hour.
Maria ilcheva, the assistant director of the metropolitan center at florida international university, said the increase is isn't enough for households to survive, especially in south florida.
The Increases Range From $0.23 In Michigan (A 2.23% Increase From 2023) To $2.00 In Hawaii (A 14.29% Increase From 2023).
Florida’s minimum wage will gradually increase from the current $8.65 an hour to $15 an hour by september 2026.
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Florida’s Minimum Wage Increased By $1 To $12 On Sept.