What is the current federal minimum wage?

Question : What is the current federal minimum wage?

Options:

  1. $7.25 per hour
  2. $9.75 per hour
  3. $11.75 per hour
  4. $10.50 per hour

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Answer:

The minimum wage rate is the lowest hourly pay that can be awarded to workers, also known as a pay floor. The current federal minimum wage is $7.25 per hour, and has not increased since July 2009. However, some states have a higher minimum wage rate. When the state minimum wage rate is higher than the federal rate, employers are required to pay workers the higher amount. At the current time, 29 states have minimum wages above the federal minimum wage ($7.25/hour), and five states have not set a state minimum wage.

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