Minimum Wage Texas 2024 Impact Report . Learn how firms might respond to higher. A $20 minimum wage in the fiscal year 2025 budget would cost the city $5.3 million, compared to $679,006 for a $16.07 minimum wage.
As of 2024, the current minimum wage in texas stands at $7.25 per hour, just like the federal minimum wage; Find the annual state minimum wage rate for texas from 1972 to 2024, based on data from the u.s.
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