How Much Was Minimum Wage In The 1950s

How Much Was Minimum Wage In The 1950s History of Federal Minimum Wage Rates Under the Fair Labor Standards Act 1938 2009 The table of federal minimum wage rates under the Fair Labor Standards Act 1938 2009 is also available in a PDF Version In order to view and or print PDF documents you must have a PDF viewer e g Adobe Acrobat Reader v5 or later available on your workstation

Since 1938 the U S federal government has established that workers are entitled to a base hourly wage Which workers receive that minimum and how much has remained a political issue The minimum wage increased to 2 00 an hour in 1974 2 10 in 1975 and 2 30 in 1976 for all except farm workers whose minimum initially rose to 1 60 Parity with nonfarm workers was reached at 2 30 with the 1977 amendments The 1977 amendments by eliminating the separate lower minimum for large agricultural employers although retaining

How Much Was Minimum Wage In The 1950s

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In the United States the minimum wage is set by U S labor law and a range of state and local laws 4 The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933 signed into law by President Franklin D Roosevelt but later found to be unconstitutional 5 In 1938 the Fair Labor Standards Act established it at 25 an hour 5 41 in 2023 6 Its In light of this new legislation we take a look back at the 85 year history of the minimum wage how it differs in states and localities and how minimum wage laws continue to have implications for racial gender and economic justice today

When adjusted for inflation the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970 The federal minimum wage was introduced in 1938 when Congress passed the Fair Labor Standards Act Pub L 75 718 When the act became effective on October 24 1938 the minimum hourly wage was 0 25 hour The federal minimum wage in the United States was set at the current rate of 7 25 per hour on July 24 2009 and many states and territories

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Democratic presidential candidate Kamala Harris has fueled new questions as to whether it s time to raise the federal minimum wage The federal minimum wage has not increased from 7 25 per hour since 2009 On the campaign trail Democratic presidential nominee Kamala Harris has said that needs to change While some states and

The US minimum wage which started at 25 cents in 1938 has been raised by Congress 22 times Scroll over CNN s interactive chart to see the minimum wage by year through history Its value today would be 4 53 1945 In 1945 the federal minimum wage was increased to 0 40 where it remained for the next five years That rate is worth 5 91 today 1946 The value of the

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How Much Was Minimum Wage In The 1950s - History of the Minimum Wage The federal minimum wage introduced in 1938 during the Great Depression under President Franklin Delano Roosevelt was initially set at 0 25 per hour The federal minimum wage has been increased by Congress 22 times most recently in 2009 from 6 55 to 7 25 an hour