Minimum Wage Florida 2024 Impact Analysis

Minimum Wage Florida 2024 Impact Analysis. The current minimum wage rate in florida is currently set to $12 per hour, but after voters approved a state constitutional amendment in 2020, the minimum wage rate will. Discover the details of the florida minimum wage 2024, including changes, implications for workers, and the economic impact.


Minimum Wage Florida 2024 Impact Analysis

Under the default policy based on the raise the wage act of 2023, the minimum hourly wage is $9.50 in 2024, $11.00 in 2025, $12.50 in 2026, $14.00 in 2027,. As of 2023, the minimum wage in florida is $11.00.

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