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Corporate & Securities Law

: California Business Law Blog

Federal Minimum Wage Increase

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The federal minimum wage increases from $5.85 to $6.55 per hour, effective today, July 24, 2008. The minimum wage will increase to $7.25 next year.

Note that the California minimum wage applicable to California employers and employees is already higher than the current or future increase.

Full post as published by California Business Law Blog on July 24, 2008 (boomark / email).

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