The average wage earned by an American worker rose a sharp 0.5% in January, more than twice the typical increase. How come? Most likely because higher minimum wages kicked in in a number of states.

The federal minimum wage in the United States is $7.25 per hour as of 2025 unless the worker falls into a category that's specifically exempted from the Fair Labor Standards Act (FLSA).

The U.S. economy is operating at "full employment," said Betsy Stevenson, economic professor at the University of Michigan. That translates into 'as good as it gets.' There were signs of building wage ...

A determination has been made as to who is and isn't powerful in the labor market based on these classifications ... offering low to minimum wage as pay. Low-wage labor refers to the lack of ...

Employers are likely to welcome the move since the Trump administration had attempted to use the wage rule to price out of the labor market many ... the required minimum wage (prevailing wage ...

The main reason: The Fed is worried that the tight U.S labor market could keep wage pressures elevated and ... help to shed light on why the Phillips curve – which depicts an inverse relation ...

Seattle's minimum wage increased to $20.76 per hour on Wednesday, and at least one business has already closed because of it. Seattle adopted the Minimum Wage Ordinance in June 2014, amending the ...

Now, a tight labor market could give these employees unprecedented ... open to worker-friendly causes — like a national $15 minimum wage — than his predecessor, but a vote on such measures ...