{"id":811,"date":"2019-10-14T07:12:02","date_gmt":"2019-10-14T07:12:02","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/10\/14\/us-minimum-wage-by-year\/"},"modified":"2019-10-14T07:12:02","modified_gmt":"2019-10-14T07:12:02","slug":"us-minimum-wage-by-year","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/10\/14\/us-minimum-wage-by-year\/","title":{"rendered":"US minimum wage by year"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"\">\n<section id=\"content\"\/>\n<p>When President Franklin D. Roosevelt signed America\u2019s first federal minimum wage into law in 1938, it was 25 cents per hour. Adjusted for inflation, that would be worth about $4.45 today.<\/p>\n<p>Scroll over the chart to see the US federal minimum wage through history, and what it would be worth in today\u2019s dollars.<\/p>\n<section id=\"chart\"\/>\n<section id=\"source\">\n<p><span>Source:<\/span> <a href=\"https:\/\/data.bls.gov\/timeseries\/cusr0000sa0\" target=\"_blank\" rel=\"noopener noreferrer\">Bureau of Labor Statistics<\/a> and <a href=\"https:\/\/www.dol.gov\/whd\/minwage\/chart.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Department of Labor<\/a><\/p>\n<p><span>Note:<\/span> Figures adjusted to 2018 dollars using the <a href=\"https:\/\/data.bls.gov\/timeseries\/cusr0000sa0\" target=\"_blank\" rel=\"noopener noreferrer\">CPI-U<\/a><\/p>\n<\/section>\n<p>Throughout history, Congress has raised the minimum wage 22 times. The current level, at $7.25 an hour, was set in 2009.<\/p>\n<p>Cities and states have the option of setting their own minimum wages. As of January 2019, 29 states had a minimum wage rate above the federal level.<\/p>\n<\/div>\n<p>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] When President Franklin D. Roosevelt signed America\u2019s first federal minimum wage into law in 1938, it was 25 cents per hour. Adjusted for inflation, that would be worth about $4.45 today. Scroll over the chart to see the US federal minimum wage through history, and what it would be worth in today\u2019s dollars. Source: [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=811"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/812"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}