FEDERAL MINIMUM WAGE INCREASE BECOMES LAW

With the week-long Memorial Day congressional recess looming, President Bush signed into law an increase in the Federal minimum wage on Friday, May 25. This is the first time in a decade that the minimum wage has been raised. The wage increase was added to the most recent Iraq war funding bill. The new law…

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FLORIDA MINIMUM WAGE TO GO TO $6.67 PER HOUR IN 2007

Florida’s minimum wage will increase to $6.67 an hour next year, a 27-cent increase to match inflation as required by an initiative passed two years ago.The state’s minimum wage went up to $6.15 an hour in 2005 because of a constitutional amendment approved by voters in 2004, and then went up to $6.40 this year….

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