More than 90% of countries—most of which have unsuccessful economies—have minimum wage laws. The minimum wage in the United States was most recently raised to $7.25/hr, on July 24, 2009. At this rate, a worker can earn at least $15,080.00 for the year based on a 40-hour work week, and more if he works overtime. The minimum wage is higher in many states, such as [[California]], due to state minimum wage laws. The national minimum wage laws are based in the powers vested in Congress by the [[Commerce Clause]]. | More than 90% of countries—most of which have unsuccessful economies—have minimum wage laws. The minimum wage in the United States was most recently raised to $7.25/hr, on July 24, 2009. At this rate, a worker can earn at least $15,080.00 for the year based on a 40-hour work week, and more if he works overtime. The minimum wage is higher in many states, such as [[California]], due to state minimum wage laws. The national minimum wage laws are based in the powers vested in Congress by the [[Commerce Clause]]. |