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Chicago minimum wage 2020 increase. The minimum wage in the united states is set by us. Minimum wage was set at 25 cents an hour which works out to about 4 per hour in todays money. The minimum wage is a cornerstone of the united states labor system and has been a cutting edge labor law topic among employers and workers alike for decades.
The history of the federal minimum wage is one of political struggle and labor conflict and it actually begins in europe at least a century before the law was passed in the united states. The amendments also established a training wage provision at 85 of the minimum wage but not less than 335 an hour for employees under the age of twenty a provision that expired in 1993. It is the longest time that country has gone without raising the minimum wage.
Minimum wages in the united states averaged 313 usdhour from 1938 until 2020 reaching an all time high of 725 usdhour in 2009 and a record low of 025 usdhour in 1938. Despite the rise of the highest minimum wage law across the country federal baseline wages have been driven by 725 an hour for over a decade. The first federal minimum wage was first introduced by franklin delano roosevelt in 1938.
The current federal minimum wage 725 per hour has not moved since 2009. Minimum wage in america isnt as old as you might think. Before the minimum wage was introduced during the great depression of the 1930s there was no national minimum wage or indeed any legislation to protect workers from.
Labor law and a range of state and local laws. The measure affects 29 states while other states already have an equal or superior minimum wage note that employers are required to pay whichever is the highest. Minimum wages in the united states remained unchanged at 725 usdhour in 2020 from 725 usdhour in 2019.
However the united states hasnt always had a minimum wage. Minimum wage in the united states. The bill introduced by house democrats in january aims to gradually raise the federal minimum wage to 15 by 2025 more than doubling it from the current rate of 725.
This page provides united states minimum wages actual values historical data forecast chart statistics. The table of federal minimum wage rates under the fair labor standards act 1938 2009 is also available in a pdf version. Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law.
As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum.
Minimum Wage Workers In Texas 2017 Southwest Information Office U S Bureau Of Labor Statistics Chicago Minimum Wage 2020 Increase
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