Us Minimum Wage History, U S Minimum Manufacturing Wage History
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Minimum wages in the united states remained unchanged at 725 usdhour in 2020 from 725 usdhour in 2019.
What is the minimum wage in us per month. 100 sep 3 1963. As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum. 100 sep 3 1961.
Minimum wage in the united states. Back then the minimum hourly earnings for us. The minimum wage in the united states is set by us.
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. Labor law and a range of state and local laws. 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.
Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. 075 mar 1 1956. Adjusted for inflation the minimum wage has been above the current rate for large parts of the 20th century with 1968 marking the peak.
Minimum hourly wage of workers in jobs first covered by. 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. Minimum wage in america isnt as old as you might think.
025 oct 24 1939. This page provides united states minimum wages actual values historical data forecast chart statistics. Workers who earn a minimum wage today are paid around 27 percent less than their counterparts almost 50 years ago.
Since july 24 2009 the federal minimum wage is 725 per hour. 040 jan 25 1950. The first federal minimum wage was first introduced by franklin delano roosevelt in 1938.
Workers it would be 1162 today. Effective date 1938 act 1 1961 amendments 2 1966 and subsequent amendments 3. Instead at 40 hours per week for 52 weeks the minimum wage translates to 15080 a.
However the united states hasnt always had a minimum wage. Minimum wage was set at 25 cents an hour which works out to about 4 per hour in todays money. The minimum wage was raised to 380 an hour beginning april 1 1990 and to 425 an hour beginning april 1 1991.
If the minimum wage had been raised since 1968 at the same growth rate as average wages of typical us. 030 oct 24 1945.
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