Unexpectedly Intriguing!
March 7, 2013

There is more than one minimum wage in the United States.

In 2013, no fewer than 19 states and the District of Columbia have set their statutory minimum wages to be higher than that set by the U.S. federal government. In these states, the higher minimum wage set by the state rules the jobs scene for employees and employers.

For the other 31 states, whose legislatures might have set lower minimum wage levels or who even have no minimum wage level set by state law, except for some pretty limited circumstances, the U.S. federal minimum wage rules.

Our chart below visualizes how today's "higher-than-federal" minimum wage mandating states have changed their minimum wages over time, from 1994 through this point in 2013:

Minimum Wage of States That Currently and Chronically Maintain Higher Minimum Wages than the U.S. Federal Government, 1994-2013

What that all means is that the effective minimum wage across the entire United States is somewhat higher than that set by the U.S. federal government. To find out what that really is, which would be necessary for any serious analysis of the impact of anything other than the timing of a minimum wage increase on the entire U.S. economy, we would need to take into account the minimum wages of states with higher minimum wages by weighting the average minimum wage in the U.S. by state population.

Which is something we might need to set some time aside to do one of these days!

Reference

U.S. Department of Labor. Wage and Hour Division. Changes in Basic Minimum Wages in Non-Farm Employment Under State Law: Selected Years 1968 to 2013. [HTML document]. Accessed 6 March 2013.

Labels: ,

About Political Calculations



blog advertising
is good for you

Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:

ironman at politicalcalculations.com

Thanks in advance!

Recent Posts

Applications

This year, we'll be experimenting with a number of apps to bring more of a current events focus to Political Calculations - we're test driving the app(s) below!

Most Popular Posts
Quick Index

Site Data

This site is primarily powered by:

This page is powered by Blogger. Isn't yours?

Visitors since December 6, 2004:

CSS Validation

Valid CSS!

RSS Site Feed

AddThis Feed Button

JavaScript

The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.

Other Cool Resources

Blog Roll

Market Links
Charities We Support
Recommended Reading
Recommended Viewing
Recently Shopped

Seeking Alpha Certified

Archives
Legal Disclaimer

Materials on this website are published by Political Calculations to provide visitors with free information and insights regarding the incentives created by the laws and policies described. However, this website is not designed for the purpose of providing legal, medical or financial advice to individuals. Visitors should not rely upon information on this website as a substitute for personal legal, medical or financial advice. While we make every effort to provide accurate website information, laws can change and inaccuracies happen despite our best efforts. If you have an individual problem, you should seek advice from a licensed professional in your state, i.e., by a competent authority with specialized knowledge who can apply it to the particular circumstances of your case.