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Minimum Wage In Ohio 2024 Per Hour Cost

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Minimum Wage In Ohio 2024 Per Hour Cost. The minimum wage will apply to employees of businesses with annual gross receipts of more than $385,000 per year. Graph and download economic data for state minimum wage rate for ohio (sttminwgoh) from 1968 to 2024 about minimum wage, oh, wages, rate, and usa.


Minimum Wage In Ohio 2024 Per Hour Cost

The ohio minimum wage applies to employees of businesses with annual gross receipts of more than $385,000. A full time minimum wage worker in ohio working will earn $418.00 per week, or $21,736.00 per year.

By Contrast, Washington Has The Lowest Share, At 12% Of The Workforce Earning Under $17 An Hour.

Download, graph, and track economic data.

1 Of Each Year By The Rate Of Inflation.

There may be some drawbacks, but increasing ohio’s minimum wage to $15 an hour would save 4,000 lives and create a $25 billion benefit to the state economy by 2036, according to a study released last month by scioto analysis.

Minimum Wage In Ohio 2024 Per Hour Cost Images References :

The Minimum Wage In Ohio Is The Lowest Hourly Rate That An Employer Is Legally Required To Pay Their Employees.

Ohio’s minimum wage will increase to $10.45 an hour, and to $5.25 for tipped employees beginning jan.

Ohio Senators Have Proposed A Law Increasing The Minimum Wage As An Alternative To A Proposed Amendment Supporters Are Trying To Get On The November Ballot.

A full time minimum wage worker in ohio working will earn $418.00 per week, or $21,736.00 per year.