Minimum Wage In Florida 2024 Projections By State

Minimum Wage In Florida 2024 Projections By State. “first, the state minimum wage, which florida’s 2020 voters opted to boost via a constitutional amendment, is increasing each year until it reaches $15 in 2026. The current minimum wage rate in florida is currently set to $12 per hour, but after voters approved a state constitutional amendment in 2020, the minimum wage rate will.

According to projections by the national conference of state legislatures (ncsl), the minimum wage is expected to continue to increase in. The minimum wage increased to $12 per hour as of september 30, 2023, and will increase by $1 each september with annual adjustments until it reaches $15 per.