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The federal minimum wage has been stuck at $7.25 since 2009, not even close to the buying power it once brought workers — which peaked all the way back in the 1960s. The Minimum Wage Since 1988 ...
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]
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.
Minimum wage law is the body of law which prohibits employers from hiring employees or ... February 1988 $4.84 $184.24 $6.00 wage increase August 1988 $4.98 ...
California voters narrowly rejected a minimum wage hike to $18, by a reported margin of 51-49, marking the first such failure of that type of ballot initiative since 1996.
In recent years, California has raised its minimum wage in an effort to offset increased costs for housing, gas and other necessities. In April, fast-food restaurants in the state with 60 or more ...
For example, they look at the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In addition to their own findings, they reanalyzed earlier studies with updated data, generally finding that the older results of a negative employment effect did not hold ...
AB 1228 went into effect in the Golden State April 1, setting a $20 per hour minimum wage for those working at fast food restaurants with less than 60 locations nationwide and restaurants located ...