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The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5.19 in 2022). [76] [5] By 1950 the minimum wage had risen to 75¢ per hour. [81] [5] The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1.60 per hour.
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. This Was the Minimum Wage ...
In the United States workers generally must be paid no less than the statutory minimum wage.As of July 2009, the federal government mandates a nationwide minimum wage level of $7.25 per hour, while some states and municipalities have set minimum wage levels higher than the federal level, with the highest state minimum wage being $9.47 per hour in Washington as of January 1, 2015. [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.
Despite the federal minimum wage being locked at $7.25, states can raise their minimum wage thresholds. Thirty states and the District of Columbia have minimum wages higher than $7.25 an hour.
The federal minimum wage is $7.25 an hour and has been that way since 2009. Sen. Bernie Sanders (I-Vt.) describes this stagnant wage as “shameful” in today’s economy. Sanders, well-known for ...
The Democratic Caucus's budget proposal had 31 Democrats vote against it. The proposal would have spent $3.1 trillion in 2015 and was considered similar to the plan offered by President Obama. The plan had provisions to extend unemployment insurance for another year and raise the federal minimum wage to $10.10. Rep.
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