What Was The Federal Minimum Wage In 2008 2008 6 55 4 77 1981 3 35 5 78 There are five states without state minimum wage laws Alabama Louisiana Mississippi South Carolina and Tennessee and two with minimum wages set below the federal level Georgia and Wyoming Due to the nature of federal legislation as derived from the supremacy clause of the Constitution these
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 Minimum wage by state by year 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
What Was The Federal Minimum Wage In 2008
What Was The Federal Minimum Wage In 2008
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2020 U S Minimum Wage By State UrStoryZ Infographic Nebraska
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Federal Minimum Wage Worth Less Now Than Ever Before
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2008 6 55 9 15 2009 7 25 10 33 A higher federal minimum wage would provide much needed relief to many Black workers with nearly 30 of Black workers benefiting if the federal minimum wage is raised to 17 by 2028 In short the Raise the Wage Act of 2023 would provide a long overdue boost in wages and administer a stronger The federal minimum wage was raised to 5 85 an hour effective July 4 2007 In today s dollars that s equal to 7 24 In 2008 the median sales price of newly constructed homes sold in the US
Although the real dollar minimum wage in 1970 was only 1 60 U S dollars when expressed in nominal 2024 dollars this increases to 13 05 U S dollars This is a significant difference from the Graph and download economic data for Federal Minimum Wage Rate under the Federal Fair Labor Standards Act STTMINWGFG from 1968 to 2024 about minimum wage federal wages labor rate and USA
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Of all wage and salary workers Among those paid by the hour 181 000 workers earned exactly the prevailing federal minimum wage of 7 25 per hour About 910 000 workers had ages below the federal minimum Together these 1 1 million workers with wages at or below the federal minimum made up 1 4 per The federal minimum hourly wage has been 7 25 since 2009 for tipped workers it has been 2 13 since 1991 Those levels remain the floor in 15 states But a push in recent years to raise minimum
The current level at 7 25 an hour was set in 2009 Cities and states have the option of setting their own minimum wages As of January 2019 29 states had a minimum wage rate above the federal Characteristics of Minimum Wage Workers 2008 According to Current Population Survey estimates for 2008 75 3 million American workers age 16 and over were paid at hourly rates representing 58 2 percent of all wage and salary workers 1 On July 24 2008 the Federal minimum wage increased to 6 55 per hour from 5 85 per hour Data in this report reflect the average number of workers earning
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What Was The Federal Minimum Wage In 2008 - As of January 2021 30 states and the District of Columbia have enacted minimum wage rates above the federal rate of 7 25 per hour 17 In 2021 these rates range from 8 75 per hour in Montana and West Virginia to 13 69 in Washington State and 15 00 in Washington DC