What Was The Federal Minimum Wage In 2008 Today nearly all states have their own minimum wage laws 29 states and D C have a higher minimum wage than the federal minimum wage Six states increase their minimum wages automatically based on the cost of
According to Current Population Survey estimates for 2008 75 3 million American workers age 16 and over were paid at hourly rates representing 58 2 percent of all wage and The federal minimum wage was introduced in 1938 at the rate of 25 per hour equivalent to 5 19 in 2022 By 1950 the minimum wage had risen to 75 per hour The purchasing power of the federal minimum wage has fluctuated it was highest in February 1968 when it was 1 60 per hour The real value of the federal minimum wage in 2022 dollars has decreased by 46 since its inflation adjusted peak in February 1968 The minimum wage would be 13 46 in 2022 dollars i
What Was The Federal Minimum Wage In 2008
What Was The Federal Minimum Wage In 2008
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The 2007 amendments increased the minimum wage to 5 85 per hour effective July 24 2007 6 55 per hour effective July 24 2008 and 7 25 per hour effective July 24 2009 NOTE The prevailing Federal minimum wage was 2 90 in 1979 3 10 in 1980 and 3 35 in 1981 89 The minimum wage rose to 3 80 on April 1 1990 to 4 25 on April 1 1991 to
On Thursday the federal minimum wage rose to 6 55 per hour but the change only affects workers in 26 states plus Washington D C The remaining 24 states already Since June 2008 the national minimum wage in United States remained fixed at 653 9 per month that is 7 847 euros per year taking into account 12 payments per year
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31 rows4 The 1989 amendments provide for a subminimum wage of 3 35 per hour for 90 days for individuals between the ages of 16 through 19 who are entering the labor market for the 135 rowsEmployees covered under the federal Fair Labor Standards Act FLSA are subject to the federal minimum wage of 7 25 but those not covered under the FLSA may
7 30 an hourAs of July 2008 the federal minimum wage is 6 55 The state minimum wages are as follows State Minimum Wage State Minimum Wage Alabama Alaska Arizona Arkansas The Federal minimum wage in the United States is 6 55 For more information and lists of minimum wage by state see the Related Links Tags Economics Salary and Pay Rates
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Today nearly all states have their own minimum wage laws 29 states and D C have a higher minimum wage than the federal minimum wage Six states increase their minimum wages automatically based on the cost of
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According to Current Population Survey estimates for 2008 75 3 million American workers age 16 and over were paid at hourly rates representing 58 2 percent of all wage and
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What Was The Federal Minimum Wage In 2008 - NOTE The prevailing Federal minimum wage was 2 90 in 1979 3 10 in 1980 and 3 35 in 1981 89 The minimum wage rose to 3 80 on April 1 1990 to 4 25 on April 1 1991 to
