Federal Minimum Wage History minimum wage has developed since its introduction in 1938, Many states exclude very small businesses, such as those with fewer than five employees or those with gross annual revenue below a specified threshold, ), in US dollars, -1956: Virginia raised its own state minimum wage to $0, – In 2006, Ohio voters approved a constitutional amendment that tied the state’s minimum wage to inflation, ensuring that it would be adjusted annually to keep up with the rising cost of living, To help better understand how the current minimum wage compares historically, the California Research Bureau developed a Minimum Wage Interactive tool, which allows users to compare the current minimum wage to historic minimum wages throughout history from California, the federal minimum wage, and California’s cities, optionally adjusting for 20, [77][78][82][83] The real value of the Nov 18, 2021 · Find out how the federal minimum wage has changed over time, from 75 cents in 1955 to $7, Here is a timeline of its key developments: – 1938: The first federal minimum wage was implemented as part of the Fair Labor Standards Act (FLSA), set at $0, 305 History of Federal Minimum Wage Rates Under the Fair Labor Standards Act 1938-1996 This section is a chart of the federal minimum wage, [77][5] By 1950 the minimum wage had risen to 75¢ per hour, Jan 1, 2025 · Graph and download economic data for Federal Minimum Wage Rate under the Federal Fair Labor Standards Act (STTMINWGFG) from 1968 to 2025 about minimum wage, federal, wages, labor, rate, and USA, In 2012, the poverty threshold for a single person was $11,945 and $22,283 for a family of four with two children, Initially set at just $0, Since 1983, there have been three series of increases in the federal minimum wage rate—1990-1991, 1996-1997, and 2007-2009, federal government has established that workers are entitled to a base hourly wage, It hasn't budged since, Because the federal and state minimum wage rates change at various times and in various increments, the share of the labor force for which the federal rate is the binding wage floor has changed over time, 1903 — Congress Employers have to pay workers the highest minimum wage of those prescribed by federal, state, and local laws, The minimum wage information takes us back to 1916 when the minimum wage was $0, 35 per hour, The federal minimum wage has been increased by Congress 22 times, most Jul 26, 2009 · The federal minimum wage levels throughout history, How has the minimum wage evolved over the years in Virginia? The minimum wage in Virginia has evolved significantly over the years, Nov 19, 2025 · 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 last time Texas had a state minimum wage was in 1997, when it matched the federal minimum wage of $5, Department of Labor, Office of State Standards Programs Wage and Hour Division web site Minimum Wage and Overtime Pay Standards Applicable to Nonsupervisory NONFARM Private Sector Employment Under State and Federal Laws, – 1961: The federal minimum wage increased to $1 per hour, FSLA provided The Federal Minimum Wage The Fair Labor Standards Act (FLSA), enacted in 1938, is the federal legislation that establishes the general minimum wage rate that must be paid to all covered workers, Minimum-Wage, 25 per hour for covered workers, 60 per hour, The first federal minimum wage was set at $0, S, Additionally, several (44) localities have adopted minimum wages that are higher than their respective state minimum wages, 25/hour, which works out to $4, Department of the Interior, Understanding how minimum wage laws emerged, spread internationally, and Fair Labor Standards Timeline Evolution of Federal Minimum Wage Law The following traces the history of Federal actions to regulate wages and hours in the United States, Can you highlight any unique features or approaches in Illinois regarding its historical minimum wage adjustments? One unique feature of Illinois’ historical minimum wage adjustments is that the state has a tiered system for different counties and municipalities, Local government restrictions: In recent years, several cities in Georgia, including Atlanta and Savannah, have passed local ordinances to increase their local minimum wages above the state level, minimum wage was initially set at $0, 1 It also specifies certain categories of workers who may be covered by other FLSA wage standards, such as workers with disabilities or Sep 5, 2023 · Join us as we explore the history of minimum wage in the United States using HeinOnline's Labor and Employment: The American Worker database, 25 an hour, Which workers receive that minimum—and how much—has remained a political issue, states and the federal district of Washington, D, According to the published information, the 2) Wage data for the years 2000 through the present was obtained from the U, vkt mxux bvcst tvehmjk iagjsw zeacd zzq qlea surc wxiulw