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Business and Finance > Economy > Labor and Employment

Federal Minimum Wage Rates, 1955–2012

  Value of the
minimum wage		   Value of the
minimum wage		   Value of the
minimum wage
Year Current
dollars		 Constant
(1996)
dollars1		 Year Current
dollars		 Constant
(1996)
dollars1		 Year Current
dollars		 Constant
(1996)
dollars1
1955 $0.75 $4.39 1983 3.35 5.28 2011 7.25 5.06
1956 1.00 5.77 1984 3.35 5.06 2012 7.25 4.97
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 4.77      
1981 3.35 5.78 2009 7.25 5.30      
1982 3.35 5.78 2010 7.25 5.22      
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, © 2012 Pearson Education, Inc. All rights reserved.

Occupations with Highest Median Weekly Earnings Among Women, 2006 Labor and Employment State Minimum Wage Rates

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