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Nora Carol Photography via Getty Images. ... Average hourly earnings rose by 0.37% month-over-month in November, down from the 0.42% pace in October. ... the average 30-year fixed-rate mortgage ...
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.
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$16.66 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 238 ] [ 239 ] [ 240 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
As of 2012, the average "day cost" for an American film ranged from as low as $25,000 for low-budget films, to $35,000-$60,000 for midlevel budget films, to as high as $100,000-$250,000 for blockbuster films. [6]
We found that the average salary of a millennial is $684 per week or $35,592 per year. That's for what the BLS calls "wage and salary workers, excluding incorporated self employed."
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