State Minimum Wage Rate for Nebraska
STTMINWGNE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.50
Year-over-Year Change
86.21%
Date Range
1/1/1968 - 1/1/2025
Summary
The State Minimum Wage Rate for Nebraska measures the minimum hourly wage that employers in Nebraska must pay their workers. This data point is important for policymakers and economists analyzing labor market trends and employment dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Minimum Wage Rate for Nebraska represents the lowest legal hourly pay that can be offered to employees in the state. This statistic is used to understand wage floors, cost-of-living adjustments, and the impacts of minimum wage policies on the state economy.
Methodology
The data is collected and reported by the U.S. Department of Labor.
Historical Context
Minimum wage rates are a key consideration for economic and workforce development initiatives.
Key Facts
- Nebraska's current minimum wage is $9.00 per hour.
- The state minimum wage was last increased in 2022.
- Minimum wage impacts approximately 4% of Nebraska workers.
FAQs
Q: What does this economic trend measure?
A: The State Minimum Wage Rate for Nebraska measures the lowest legal hourly pay that can be offered to employees in the state.
Q: Why is this trend relevant for users or analysts?
A: This statistic is used to understand wage floors, cost-of-living adjustments, and the impacts of minimum wage policies on the state economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Department of Labor.
Q: How is this trend used in economic policy?
A: Minimum wage rates are a key consideration for economic and workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is reported regularly by the Department of Labor with minimal delays.
Related Trends
Citation
U.S. Federal Reserve, State Minimum Wage Rate for Nebraska (STTMINWGNE), retrieved from FRED.