What is the purpose of the National Minimum Wage Act?
The National Minimum Wage Act is a federal law that sets a minimum amount of money that employers must pay their employees for each hour of work. It was passed in 1938 as part of the New Deal, a series of laws and programs enacted by President Franklin D. Roosevelt to provide economic relief during the Great Depression. The goal of the National Minimum Wage Act is to establish a wage floor that employers must pay across all states. The purpose of this law is to protect employees’ rights and ensure that they are paid a fair wage for their work. The National Minimum Wage Act ensures that employees receive a minimum hourly wage that is sufficient to cover their basic needs, such as food, shelter, and medical care. The law also prevents employers from taking advantage of workers by paying them wages that are below a livable wage. In Florida, the minimum wage is higher than the federal minimum wage. Currently, the state’s minimum wage is $8.65 per hour, which is above the federal minimum wage of $7.25 per hour. This means that, according to the National Minimum Wage Act, employers in Florida must pay their employees at least $8.65 per hour for all hours worked. Overall, the National Minimum Wage Act is a federal law that sets the minimum hourly wage for employees across the United States. This law is in place to ensure that employees receive fair pay for their work and are not taken advantage of by their employers. In Florida, the minimum wage is higher than the federal minimum wage, so employers must pay employees at least $8.65 per hour.
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