The federal minimum wage increases to $6.55 today. The increase is up 70 cents from $5.85. The increase is the second of 3 planned increases provided for by Fair Minimum Wage Act of 2007 that will eventually raise the minimum wage to $7.25. It is expected to have a wide impact for workers with disabilities and others working in low-wage jobs. Twenty-three states and the District of Columbia already have higher minimum wage standards than the new federal requirement and are not affected.
