The Federal Minimum Wage Increase and Texas
Author:
Don Baylor /(512) 320-0222 x 108
July 24, 2007
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Today the minimum wage in Texas increased from $5.15 to $5.85 as part of the first federal minimum wage increase in ten years. The minimum wage will increase again to $6.55 in July 2008, with a final increase to $7.25 in July 2009. Texas is currently the only state of the eleven most populous states whose state minimum wage is not higher than the federal standard, and therefore stands to gain the most from the federal increase.