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3.2% wage increase January 1980 $3.24 $123.49 4.5% wage increase July 1980 $3.37 $128.29 4.2% wage increase January 1981 $3.49 $132.79 3.7% wage increase May 1981 $3.61 $137.39 3.6% wage increase May 1982 Unchanged Unchanged No wage increase September 1983 $3.76 $142.88 4.3% wage increase April 1984 $3.91 $148.73 4.1% wage increase April 1985
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1] [2] The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$17. [3] [4] Versions of the bill have been introduced in each United States Congress since 2017.
For example, they look at the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In addition to their own findings, they reanalyzed earlier studies with updated data, generally finding that the older results of a negative employment effect did not hold ...
The bank’s goal is to reach a minimum wage of $25 an hour by 2025. For some context, the national minimum wage is only $7.25, but in states that have a higher minimum wage, employers must honor ...
The national average salary (or national average wage) is the mean salary for the working population of a nation. It is calculated by summing all the annual salaries of all persons in work (surveyed) and dividing the total by the number of workers (surveyed). [ 1 ]
It was formalised on 24 October 1970, when the UN General Assembly adopted a resolution which included the goal that "Each economically advanced country will progressively increase its official development assistance to the developing countries and will exert its best efforts to reach a minimum net amount of 0.7% of its gross national product ...
January 22: Trump announced 20% to 50% tariffs on solar panels and washing machines. [78] About 8% of American solar panel imports in 2017 came from China. [79] Imports of residential washing machines from China totaled about $1.1 billion in 2015. [80] March 1: Trump announced tariffs of 25% on steel and 10% on aluminum imports from all ...