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Minimum wage law is the body of law which prohibits ... No wage increase 5 May 1972 $2.00 ... History of the US federal minimum wage. Lower line is nominal dollars.
[76] [77] [81] [82] The real value of the federal minimum wage in 2022 dollars has decreased by 46% since its inflation-adjusted peak in February 1968. The minimum wage would be $13.46 in 2022 dollars if its real value had remained at the 1968 level. [76] [77] See chart to right. From January 1981 to April 1990, the minimum wage was frozen at ...
2024. U.S. minimum wage: $7.25 In 2025 dollars: $7.30 Gabrielle Olya and Amen Oyiboke-Osifo contributed to the reporting for this article.. In order to find the minimum wage the year you were born ...
Minimum wage schedules set pay by occupation; for example, the minimum wage for domestic workers, for example, was EC$4.5 per hour, while that for a security guard was EC$8 per hour. [10] 40 2017 Guatemala: Q 81.87 (US$10.9) per day for agricultural and nonagricultural work and Q 74.89 (US$10) per day for work in export-sector regime factories ...
The federal minimum wage has been stuck at $7.25 since ... 1972. Minimum wage: $1.60 . In 2024 ... It would have cratered by almost a full dollar from $12.46 in today's money all the way down to ...
The federal minimum wage has been stuck at $7.25 ... the minimum wage had never had more purchasing power — more than 10 dollars with inflation — and, once again, it could buy more back then ...
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
The minimum wage, unchanged since 2009 federally, ... Looking ahead: The minimum wage is set to rise another dollar at the beginning of every year until 2024, when it will reach $15. Future tipped ...