A new bill has been proposed to increase the federal minimum wage. S. Sen.

Chris Murphy, aims to raise the minimum wage to $25 an hour nationwide. Details of the proposal indicate that large corporate employers would need to implement the new wage by 2032. Other businesses would have more time to comply, with a deadline of 2039.

Further information on the Living Wage for All Act is available from the source, including any additional details on the proposed legislation and its potential impact.