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1. www.epi.org › publication › mwig_fact_sheetFact sheet for 2009 minimum wage increase—Minimum Wage Issue ...

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   Jul 20, 2009 · Fact sheet for 2009 minimum wage increase—Minimum Wage Issue Guide. On July 24, 2009, the federal minimum wage will increase to $7.25 per hour. This is the final step of a three-step increase passed in 2007 when the minimum wage was only $5.15.

2. www.dol.gov › agencies › whdHistory of Federal Minimum Wage Rates Under the Fair Labor ...

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   The table of federal minimum wage rates under the Fair Labor Standards Act, 1938 - 2009 is also available in a PDF Version. In order to view and/or print PDF documents you must have a PDF viewer (e.g., Adobe Acrobat Reader v5 or later ) available on your workstation.

3. livingwage.mit.edu › articles › 53-the-federalLiving Wage Calculator

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   Dec 31, 2019 · Between 2009-10 and 2019-20, average published tuition and fee prices rose by $670 (in 2019 dollars) at public two-year colleges, by $2,020 at public four-year institutions, and by $6,210 at private nonprofit four-year colleges and universities, according to Collegeboard.

4. www.history.com › news › minimum-wage-america-timelineMinimum Wage in America: A Timeline | HISTORY

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   Oct 18, 2019 · 2009: Thanks to legislation passed two years earlier, the federal minimum wage rises to $7.25. States, Fed Raise Minimum Wage 2021 : A bid to advance an increase the federal minimum wage to $15...

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5. fred.stlouisfed.org › series › STTMINWGFGFederal Minimum Wage Rate under the Federal Fair Labor ... - FRED

   fred.stlouisfed.org › series › STTMINWGFG

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   Mar 29, 2024 · Graph and download economic data for Federal Minimum Wage Rate under the Federal Fair Labor Standards Act (STTMINWGFG) from 1968 to 2024 about minimum wage, federal, wages, labor, rate, and USA.

6. www.businessinsider.com › how-much-us-minimum-wageHow Much the US Minimum Wage and Its Actual Value ... - Insider

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   Jul 30, 2020 · Today, the federal minimum wage is $7.25, the same rate it's been since it was last raised in 2009. The first federal minimum wage law, enacted in 1938, set minimum hourly rates at $0.25 across...

7. People also ask

   How much will the federal minimum wage increase in 2009?

   • On July 24, 2009, the federal minimum wage will increase to $7.25 per hour. This is the final step of a three-step increase passed in 2007 when the minimum wage was only $5.15. In this last step, about 4.5 million workers will receive a raise, providing an additional $1.6 billion annually in increased wages.

   Fact sheet for 2009 minimum wage increase—Minimum Wage Issue Gui…

   www.epi.org/publication/mwig_fact_sheet/

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   What is the federal minimum wage?

   • REUTERS/Noah Berger Today, the federal minimum wage is $7.25, the same rate it's been since it was last raised in 2009. The first federal minimum wage law, enacted in 1938, set minimum hourly rates at $0.25 across the country.

   How Much the US Minimum Wage and Its Actual Value Has Changed

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   How much did the first federal minimum wage cost in 1938?

   • The first federal minimum wage (signed into law by President Franklin D. Roosevelt) was $0.25 an hour, effective October 24, 1938. In today's dollars, that's equal to $4.60 an hour. In 1938, a new house cost about $3,900. A gallon of gas cost $0.20. Source: US Department of Labor, Business Insider

   How Much the US Minimum Wage and Its Actual Value Has Changed

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   How much is a minimum wage in a state?

   • That means right now, 21 states still have a minimum wage of only $7.25. States like Georgia and Wyoming have state minimum wage set at $5.15 which is over two dollars less than the federal minimum, so the latter is enforced.

   How Much the US Minimum Wage and Its Actual Value Has Changed

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   What was the minimum wage in 1956?

   • The federal minimum wage was raised to $1.00 an hour, effective March 1, 1956. In today's dollars, that's equal to $9.62. In 1960, the median value of a single-family home in the US was $11,900 (equivalent to $104,346.40 in today's dollars). That year, a gallon of gas cost $0.31.

   How Much the US Minimum Wage and Its Actual Value Has Changed

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   What was the minimum wage in 1979?

   • The federal minimum wage was raised to $2.90 an hour, effective January 1, 1979. In today's dollars, that's equal to $10.95. In 1979, the median sales price of newly constructed homes sold in the US was $60,600 (equivalent to $228,733.50 in today's dollars).

   How Much the US Minimum Wage and Its Actual Value Has Changed

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8. www.degruyter.com › document › doiEmployment Effects of the 2009 Minimum Wage Increase: New ...

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   Jul 1, 2014 · In July, 2009, when the US Federal minimum wage was increased from $6.55 to $7.25, individuals in nearly one-third of all states were unaffected, since the state minimum wage already exceeded $7.25.