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Federal minimum wage 1970. 30 per hour for farm workers.
Federal minimum wage 1970. Get downloadable data from FRED. S. Has minimum wage kept up with increases in the cost of living? Here's how much the 1970 minimum wage of $1. 90 4 days ago · Source: US Dept of Labor. 19 in 2022). 65 $2. 10 1976: $2. 80 an hour beginning April 1, 1990, and to $4. Nov 10, 2009 · Effective April 15, 1985, the Supreme Court decision, Garcia v. 60 per hour. . (a) - under the Federal Fair Labor Standards Act (FLSA), the two rates shown in 1968, 1970, and 1976 reflect the former multiple-track minimum-wage system in effect from 1961 to 1978. 90 1980: $3. FEDERAL MINIMUM WAGE RATES UNDER THE FAIR LABOR STANDARDS ACT MIMIMUM HOURLY WAGE OF WORKERS FIRST COVERED BY: $2. 30 1970: $1. 10 The minimum wage was raised to $3. [81][5] The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1. 65 1979: $2. San Antonio Metropolitan Transit Authority reversed the position in National League of Cities" case and provided that the minimum wage and overtime provision did apply to all State and local government employees. Source: Kiplinger Magazine's Changing Times, May 1977. 60 per hour for nonfarm workers and $1. The minimum wage in 1970 was $1. 25 an hour beginning April 1, 1991. Minimum wage set by state laws, 1968-2016 Source: U. 30 per hour for farm workers. 25 1967: $1 1968: $1. Jul 26, 2024 · When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. 30 1978: $2. 35 an hour) for employees under the age of twenty, a provision that expired in 1993. Dept of Labor. Jan 1, 2025 · Table Data - Federal Minimum Wage Rate under the Federal Fair Labor Standards Act 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, labor, wages, rate, and USA. [76][5] By 1950 the minimum wage had risen to 75¢ per hour. The web page shows the history of federal minimum wage rates under the Fair Labor Standards Act from 1938 to 2009. 15 1969: $1. 45 1971: $1. Aug 31, 2023 · In light of this new legislation, we take a look back at the 85-year history of the minimum wage, how it differs in states and localities, and how minimum wage laws continue to have implications for racial, gender, and economic justice today. 60 would be worth over time, compared to the actual minimum wage from that year. The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5. Student jobs - Pay, 1977 Shows what college students might earn for jobs in food service, child care, or as lifeguard, tutor, gardener, and more. [76][77][81][82] The real value of the Apr 9, 2019 · The US minimum wage, which started at 25 cents in 1938, has been raised by Congress 22 times. The amendments also established a training wage provision (at 85% of the minimum wage, but not less than $3. Jul 1, 2010 · Following are changes to the federal minimum wage throughout history, according to the Department of Labor's website: 1938: 25 cents (original amount) 1939: 30 cents 1945: 40 cents 1949: 75 cents 1955: $1 1965: $1. Scroll over CNN’s interactive chart to see the minimum wage by year, through history. 60 1974: $2 1975: $2. wprwlxmuetwikrrcpguspebtbvghbwhkgqrvuxkzlnhumedkkwf