 |
Federal Minimum Wage Rates,
1955–2009
| |
Value of the
minimum wage |
|
Value of the
minimum wage |
| Year |
Current
dollars |
Constant
(1996)
dollars1 |
Year |
Current
dollars |
Constant
(1996)
dollars1 |
| 1955 |
$0.75 |
$4.39 |
1983 |
3.35 |
5.28 |
| 1956 |
1.00 |
5.77 |
1984 |
3.35 |
5.06 |
| 1957 |
1.00 |
5.58 |
1985 |
3.35 |
4.88 |
| 1958 |
1.00 |
5.43 |
1986 |
3.35 |
4.80 |
| 1959 |
1.00 |
5.39 |
1987 |
3.35 |
4.63 |
| 1960 |
1.00 |
5.30 |
1988 |
3.35 |
4.44 |
| 1961 |
1.15 |
6.03 |
1989 |
3.35 |
4.24 |
| 1962 |
1.15 |
5.97 |
1990 |
3.80 |
4.56 |
| 1963 |
1.25 |
6.41 |
1991 |
4.25 |
4.90 |
| 1964 |
1.25 |
6.33 |
1992 |
4.25 |
4.75 |
| 1965 |
1.25 |
6.23 |
1993 |
4.25 |
4.61 |
| 1966 |
1.25 |
6.05 |
1994 |
$4.25 |
$4.50 |
| 1967 |
1.40 |
6.58 |
1995 |
4.25 |
4.38 |
| 1968 |
$1.60 |
$7.21 |
1996 |
4.75 |
4.75 |
| 1969 |
1.60 |
6.84 |
1997 |
5.15 |
5.03 |
| 1970 |
1.60 |
6.47 |
1998 |
5.15 |
4.96 |
| 1971 |
1.60 |
6.20 |
1999 |
5.15 |
4.85 |
| 1972 |
1.60 |
6.01 |
2000 |
5.15 |
4.69 |
| 1973 |
1.60 |
5.65 |
2001 |
5.15 |
4.56 |
| 1974 |
2.00 |
6.37 |
2002 |
5.15 |
4.49 |
| 1975 |
2.10 |
6.12 |
2003 |
5.15 |
4.39 |
| 1976 |
2.30 |
6.34 |
2004 |
5.15 |
4.28 |
| 1977 |
2.30 |
5.95 |
2005 |
5.15 |
4.14 |
| 1978 |
2.65 |
6.38 |
2006 |
5.15 |
4.04 |
| 1979 |
2.90 |
6.27 |
2007 |
5.85 |
4.41 |
| 1980 |
3.10 |
5.90 |
2008 |
6.55 |
|
| 1981 |
$3.35 |
$5.78 |
2009 |
7.25 |
|
| 1982 |
$3.35 |
$5.78 |
|
|
|
1. Adjusted for inflation
using the CPI-U (Consumer Price Index for All Urban Consumers). Source: U.S. Department of Labor. Web:
http://www.dol.gov/esa/whd/flsa/. Information Please® Database, © 2008 Pearson Education,
Inc. All rights reserved.
|
|
