Annual Federal Minimum Wage Rates, 1955-2015
Data in current dollars and constant 1996 dollars
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 | 2013 | 7.25 | 4.87 |
1958 | 1.00 | 5.43 | 1986 | 3.35 | 4.80 | 2014 | 7.25 | 4.82 |
1959 | 1.00 | 5.39 | 1987 | 3.35 | 4.63 | 2015 | 7.25 | 4.80 |
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/.
Labor and Employment |