Federal Minimum Wage Over The Last 10 Years, Minimum Wage In The United States Wikipedia
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Thanks to legislation passed two years earlier the federal minimum wage rises to 725.
California minimum wage computer professionals 2020. Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. The us minimum wage which started at 25 cents in 1938 has been raised by congress 22 times. Scroll over cnns interactive chart to see the minimum wage by year through history.
Roosevelt implemented the minimum wage in 1938 which was just 25 cents 423 in 2015 dollars. Federal minimum wage over the years. The federal minimum wage was raised to 335 an hour effective january 1 1981.
In order to view andor print pdf documents you must have a pdf viewer eg adobe acrobat reader v5 or later available on your workstation. The minimum wage in the united states is set by us. The raise the wage act of 2017 would incrementally raise the minimum wage to 15 an hour over the next seven years.
It remained at that level for nearly a decade. The value of 335 in 1981 was equal to the buying power of 950 today. Since july 24 2009 the federal minimum wage is 725 per hour.
Data in current dollars and constant 1996 dollars. Labor law and a range of state and local laws. The federal minimum wage would be indexed to the median wage beginning in 2025.
Value of the minimum wage value of the minimum wage value of the minimum wage. Eight states raise minimum wage above federal 2016. The table of federal minimum wage rates under the fair labor standards act 1938 2009 is also available in a pdf version.
Check out the minimum wage over the last 50 years as well as its purchasing power. New york and california legislators pass laws. Year current dollars constant 1996 dollars 1 year current dollars constant 1996 dollars 1 year current dollars constant 1996 dollars 1.
The federal minimum wage has remained unchanged at 725 an hour for 3614 days marking the longest period in history without an increase in the base pay for us workers.
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