fedgazette Presorted Standard U.S. Postage Paid Permit No. 90100 Twin Cities, MN Public Affairs Federal Reserve Bank of Minneapolis 90 Hennepin Avenue P.O. Box 291 Minneapolis, Minnesota 55480-0291 CHANGE SERVICE REQUESTED 58% Some college 72% Work part time 20% Below poverty Minimum wage July 2014 fedgazette Page 1 6 J U LY 2 0 1 4 State minimum wages, 2014 AK 7.75 Dollars, effective by year-end NH 7.25 ME VT 8.73 7.50 WA 9.32 ND 7.25 MT3 7.90 OR 9.10 ID 7.25 NV4 8.25 WY 5.15 SD 7.25 UT 7.25 AZ 7.90 CO 8.00 NM 7.50 HI 7.25 $6.50 for employers with annual sales of $500,000 or less Exempts employers with annual sales of less than $500,000 3 $4.00 for employers with annual sales of $110,000 or less 4 $8.25 without health benefits, $7.25 with health benefits 5 $7.25 for employers with annual sales of $283,000 or less 6 $2.00 for employers with fewer than 10 full-time employees at a location and employers with annual sales of $100,000 or less Source: National Conference of State Legislatures MA 8.00 WI 7.25 IL 8.25 KS 7.25 OK6 7.25 TX 7.25 NY 8.75 MI 8.15 IA 7.25 NE 7.25 CA 9.00 1 MN1 8.00 States with future scheduled increases PA 7.25 OH5 7.95 IN 7.25 KY 7.25 MO2 7.50 LA None MS None AL None NJ 8.25 DE 7.75 WV 8.00 VA 7.25 NC 7.25 TN None AR 6.25 RI 8.00 CT 8.75 SC None GA 5.15 MD 7.25 District of Columbia 9.50 2015 201620172018 CA 9.00 10.0010.0010.00 CT 9.15 9.6010.1010.10 DE 8.25 8.258.258.25 DC 10.50 11.5011.5011.50 HI 7.75 8.50 9.2510.10 MD 8.25 8.75 9.2510.10 MI 8.15 8.508.909.25 MN Large 9.00 9.509.509.50 MN Small 7.25 FL 7.93 None to $6.25 2 $7.25 $7.40 to $7.95 $8.00 to $9.50 Federal minimum wage: $7.25 7.75 7.75 7.75 NY 9.00 9.009.009.00 WV 8.75 8.758.758.75
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