Monday, April 02, 2012

American History | 1991
A "Dying" Wage | 2012
Part 2

U.S. minimum wage goes

from $3.80 to $4.25 per hour


$3.80 x 40 = $152.00 per week*
$152.00 x 52 = $7,904 per annum*

$4.25 x 40 = $170.00 per week*
$170.00 x 52 = $8,804 per annum*


Connecticut: 
This rate was increased by 25 cents to $8.25 on January 1, 2010. Tipped employees earn $5.69 per hour, which is a tipped rate that is 69% of the state minimum wage. The wage is set to increase .75 cents to $9.00 beginning July 2012, and again the following year to $9.75.

$8.25 x 40 = $330.00 per week*
$330.00 x $17,160 per annum*

* before taxes and Social Security

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