Wages in the U.S.: real and nominal value of the minimum wage through 2013

The real and nominal value of the federal minimum wage in the United States from 1938 to 2013, expressed in July 2013 U.S. dollars*

Wages in the U.S.: real and nominal value of the minimum wage through 2013 This statistic presents the nominal and real value of the statutory minimum wage in the United States from 1938 to 2013, in 2013 U.S. dollars. In 1938, the minimum wage was 0.25 U.S. dollars per hour, the equivalent of 4.06 U.S. dollars in 2013 terms. The real value of the minimum wage peaked in 1968 when minimum wage workers earned 1.60 U.S. dollars per hour, the equivalent of 10.69 U.S. dollars in 2013 terms.
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The real and nominal value of the federal minimum wage in the United States from 1938 to 2013, expressed in July 2013 U.S. dollars*

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Statutory minimum wage (nominal $)Statutory minimum wage (real $)
Nov. 20137.257.25
July 20097.257.89
July 20086.556.94
July 20075.856.58
Sept. 19975.157.45
Oct. 19964.757
Apr. 19914.257.31
Apr. 19903.86.84
Jan. 19813.358.77
Jan. 19803.19.07
Jan. 19782.659.67
Jan. 19762.39.41
Jan. 19752.19.18
May 197429.39
Feb. 19681.610.69
Sept. 19631.259.27
Sept. 19611.158.73
Mar. 195618.49
Jan. 19500.757.25
Oct. 19450.45.04
Oct. 19380.254.06
Statutory minimum wage (nominal $)Statutory minimum wage (real $)
Nov. 20137.257.25
July 20097.257.89
July 20086.556.94
July 20075.856.58
Sept. 19975.157.45
Oct. 19964.757
Apr. 19914.257.31
Apr. 19903.86.84
Jan. 19813.358.77
Jan. 19803.19.07
Jan. 19782.659.67
Jan. 19762.39.41
Jan. 19752.19.18
May 197429.39
Feb. 19681.610.69
Sept. 19631.259.27
Sept. 19611.158.73
Mar. 195618.49
Jan. 19500.757.25
Oct. 19450.45.04
Oct. 19380.254.06
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This statistic presents the nominal and real value of the statutory minimum wage in the United States from 1938 to 2013, in 2013 U.S. dollars. In 1938, the minimum wage was 0.25 U.S. dollars per hour, the equivalent of 4.06 U.S. dollars in 2013 terms. The real value of the minimum wage peaked in 1968 when minimum wage workers earned 1.60 U.S. dollars per hour, the equivalent of 10.69 U.S. dollars in 2013 terms.
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