The 2007 Edition of the U.S. Master Wage-Hour Guide details all of the important revisions and additions to laws governing wages and hours, including the Fair Minimum Wage Act of 2007, effective July 24, 2007. On May 25, 2007, President Bush signed the Act, which raises the federal rate in three steps: from $5.15 to $5.85 per hour on July 24, 2007, to $6.55 per hour on July 24, 2008, and to $7.25 per hour on July 24, 2009. Among other changes, the...