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| New Business: Final increase in federal minimum wage this month
The minimum wage increased to $5.85 on July 24, 2007, and again last July to $6.55. This final increase raises it to $7.25 an hour. © copyright 2009 |
July 24, 2009, brings the third and final increase in the federal minimum wage mandated by the Small Business and Work Opportunity Act of 2007. That law was signed by George W. Bush on May 25, 2007. |
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This Planning Tip is not currently available. Please contact your advisor for assistance. |
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| New Business: Final increase in federal minimum wage this month
The minimum wage increased to $5.85 on July 24, 2007, and again last July to $6.55. This final increase raises it to $7.25 an hour. © copyright 2009 |
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