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The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5.19 in 2022). [78] [7] By 1950 the minimum wage had risen to 75¢ per hour. [82] [7] The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1.60 per hour.
Employers covered by the FLSA must pay the federal MW of $7.25. AK $11.73 CNMI AL AR $11.00 ... History of Federal Minimum Wage United States Department of Labor Wage ...
Meanwhile, the federal minimum wage of $7.25 an hour hasn't budged since 2009, and it remains the law in 20 states. ... Ohio's minimum pay is increasing to $10.70 from $10.45 due to an inflation ...
For anyone working a minimum wage job in this new year, they will be paid more in 22 states and in at least 40 cities and ... The push for non-poverty wages. The federal minimum wage has been ...
The federal minimum wage has remained stuck at $7.25 since 2009, the longest period without an increase since the Fair Labor Standards Act first established a minimum wage in 1938.
The federal minimum wage has been stuck at $7.25 since 2009, not even close to the buying power it once brought workers — which peaked all the way back in the 1960s. The Minimum Wage Since 1988 ...
In August 2022, 30 states and the District of Columbia had minimum wages higher than the federal minimum. [214] In 2019, only 1.6 million Americans earned no more than the federal minimum wage—about ~1% of workers, and less than ~2% of those paid by the hour.
On April 1, however, the minimum hourly wage for fast-food workers in California leaped from $4 to $20, pushing it well above the state's standard $16 pay threshold. Meanwhile, the federal minimum ...
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