the last time the federal minimum wage was raised was in october 2016.
the last time the federal minimum wage was raised was in october 2016.
when is the last time the federal minimum wage was raised?
october 2016
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the federal minimum wage was introduced in 1938 at the rate of $0.25 per hour (). by 1950 the minimum wage had risen to $0.75 per hour. the minimum wage had its highest purchasing power in 1968, when it was $1.60 per hour (). the real value of the federal minimum wage in 2016 dollars has decreased by one-third since 1968. the minimum wage would be $11 in 2016 if its real value had remained at the 1968 level. from january 1981 to april 1990, the minimum wage was frozen at $3.35 per hour, then a record-setting minimum wage freeze. from september 1, 1997 through july 23, 2007, the federal minimum wage remained constant at $5.15 per hour, breaking the old record. in 2009 the minimum wage was adjusted to $7.25 where it has remained fixed for the past nine years.
minimum wage in the united states