Today, the US Federal Minimum Wage Law of 2007’s first increase takes effect. This puts the minimum wage at $5.85 per hour.

The other two steps in minimum wage increases take place on:

  • July 24, 2008, $6.55 per hour
  • July 24, 2009, $7.25 per hour

Note: Your state minimum wage law may be higher than the Federal standard.
Resource: http://www.dol.gov/esa/whd/