How Much Was Minimum Wage In The 1960s 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
Median annual earnings by race and industry 1965 1967 Direct link to earnings data for 1965 1966 and 1967 Does not include agricultural jobs Wage earnings for farm and non farm work by race in 1964 Table shows wage earnings by the day and year for white and non white workers and male and female workers 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
How Much Was Minimum Wage In The 1960s
How Much Was Minimum Wage In The 1960s
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What Is The Minimum Wage In 2018
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Federal Minimum Wage Worth Less Now Than Ever Before
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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 1969 The minimum wage remained 1 60 in 1969 and was worth 11 82 in today s money 1970 In 1970 the 1 60 federal minimum wage was worth the equivalent of 11 13 today
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 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
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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 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
When adjusted for inflation the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970 Adjusted for inflation the minimum wage has been above the current rate for large parts of the 20th century with 1968 marking the peak Back then the minimum hourly earnings for U S workers
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How Much Was Minimum Wage In The 1960s - 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