[Answer] What is the minimum wage?

Answer: the lowest hourly pay that workers can receive

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What is the minimum wage? TOP 10 COUNTRIES WITH THE LOWEST MINIMUM WAGES IN THE ... What would be considered a minimum wage job in the US? - Quora Exemptions from Both Minimum Wage and Overtime Pay: Minimum Wage Exemptions Under the FLSA Fri Apr 12 2019 · The federal minimum wage for covered nonexempt employees is $ 7.25 per hour . Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws the employee is entitled to the higher of the two minimum wages. 23 rows · The minimum wage the lowest hourly amount that an employee may be paid for their … The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). The federal minimum wage is $7.25 per hour effective July 24 2009. Many states also have minimum wage laws. Some state laws provide greater employee protections; … A minimum wage is the lowest remuneration that employers can legally pay their workers—the price floor below which workers may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Supply and demand models suggest that there may be welfare and employment losses from minimum wages. However if the labor market is in a state of monopsony(with only one employer available who i… Right now the hottest economic battles are over the minimum wage and income inequality. But in 10 years we … The greatest curse of politics is that humanity will never run out of problems to solve. Even when they're … Minimum wage definition is - living wage . How to use minimum wage in a ...

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