Minimum Wage In Texas 2024 Forecast

Minimum Wage In Texas 2024 Forecast. This is the same as the federal minimum wage, which has not been increased since 2009. Graph and download revisions to economic data for from 1972 to 2024 about minimum wage, wages, tx, rate, and usa.


Minimum Wage In Texas 2024 Forecast

Federal and state minimum wage rates, annual. Texas hasn’t seen a minimum wage increase since 2009, but that may change.

The Texas Employment Forecast Estimates Jobs Will Increase 1.9 Percent In 2024, With An 80 Percent Confidence Band Of 1.4 To 2.4 Percent.

If the minimum wage in 1997 kept up with inflation, it would now be $10.08.

How Much Is Minimum Wage In Texas In 2024?

Texas hasn’t seen a minimum wage increase since 2009, but that may change.

Minimum Wage In Texas 2024 Forecast Images References :

Instead, Texas Adopts The Federal Minimum Wage Rate By Reference, Meaning That The Minimum Wage In Texas Is Currently Set At The Federal Level Of $7.25 Per Hour.

As of 2024, the current minimum wage in texas stands at $7.25 per hour, just like the federal minimum wage;

This Is The Same As The Federal Minimum Wage, Which Has Not Been Increased Since 2009.

The 2024 minimum wage in texas is $7.25 an hour for employers.