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1939. Minimum wage: $0.30 In 2025 money: $6.81 The very next year, as the Depression was finally drawing to a close, the minimum wage was raised by a nickel an hour to $0.30, where it would remain ...
From September 1, 1997, through July 23, 2007, the federal minimum wage remained constant at $5.15 per hour, breaking the old record. On July 24, 2008, the minimum wage was adjusted to $6.55, and then to $7.25 on July 24, 2009, where it has remained fixed as of 2024. [5]
The federal minimum wage is currently at $7.25 — money that has stayed the same since 2009. In the late 1960s, minimum wage was worth over $14 in today’s dollars. In the late 1960s, minimum ...
[2] [3] US federal minimum wage if it had kept pace with the average worker's productivity. Also, the inflation-adjusted minimum wage. [4] The Fight for $15 is an American political movement advocating for the minimum wage to be raised to USD$15 per hour. The federal minimum wage was last set at $7.25 per hour in 2009.
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.
Today the federal minimum wage increased 70 cents to $6.55, as the second phase of a series of moves meant to bring the minimum wage up over a three year period. The "raise" will affect roughly 1. ...
Although minimum wage is higher now than it was years ago, it isn't keeping up with the cost of living. Look at how minimum wage has changed over the years.
Minimum wage rates vary greatly across many different jurisdictions, not only in setting a particular amount of money—for example $7.25 per hour ($14,500 per year) under certain US state laws (or $2.13 for employees who receive tips, which is known as the tipped minimum wage), $16.28 per hour in the U.S. state of Washington, [29] or £11.44 ...