Minimum Wage Texas 2024 Impact On Economy. It is indexed to the median hourly wage thereafter. Texas’ economy is a complex and multifaceted entity, boasting a diverse range of industries from technology to agriculture.

Graph and download economic data for state minimum wage rate for texas (sttminwgtx) from 1972 to 2024 about minimum wage, wages, tx, rate, and. Saltsman warns that if the federal minimum wage does go up to $15, as president biden has proposed, small businesses might be inclined to lay off workers to offset the extra cost of employment.