What is the federal minimum wage?

The federal minimum wage is the minimum wage rate that an employer is legally required to pay its employees. The current federal minimum wage is $7.25 per hour and is set by the Fair Labor Standards Act (FLSA). Minnesota has a state minimum wage, which is $9.86 per hour as of January 1, 2021. This is higher than the federal rate and employers in Minnesota must pay the higher of the two amounts. The federal minimum wage applies to all employees, not just those who live in Minnesota. This means that if an employee lives in or works in Minnesota, they are entitled to the higher Minnesota minimum wage rate. In addition to the federal and state minimum wage, there are also local minimum wage rates. For example, Minneapolis and St. Paul both have their own minimum wage rate which is higher than the state minimum wage. The federal minimum wage is an important law for employees nationwide. It helps to ensure that employers pay their workers a fair wage and that workers are fairly compensated for their work. It also prevents employers from taking advantage of their workers and paying them less than they deserve. The federal minimum wage is just one of the many labor relations laws that protect workers and are enforced by the U.S. Department of Labor.

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